Chicago, Feb. 15 – JPMorgan Chase Financial Co. LLC priced $480,000 of autocallable contingent interest notes due Jan. 8, 2026 linked to the least performing of the stocks of American Express Co., Mastercard Inc. and Visa Inc., according to a 424B2 filing with the Securities and Exchange Commission.
Investors will receive a coupon of 10%, paid quarterly, if each underlying stock closes at or above its 65% coupon barrier on the related quarterly observation date.
The securities will be called automatically at par if the price of each underlying stock is greater than or equal to its initial price on any quarterly review date.
At maturity the payout will be par if all three stocks close above their 65% trigger levels.
Otherwise, investors will be fully exposed to the losses of the worst performer.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Autocallable contingent interest notes
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Underlying stocks: | American Express Co., Mastercard Inc. and Visa Inc.
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Amount: | $480,000
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Maturity: | Jan. 8, 2026
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Coupon: | 10% annual rate, paid quarterly, if each underlying stock closes at or above its 65% coupon barrier on the related quarterly observation date
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Price: | Par
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Payout at maturity: | Par if all three stocks close above trigger levels; otherwise, full exposure to losses of worst performer
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Call: | Automatically at par if the price of each underlying stock is greater than or equal to its initial price on any quarterly review date
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Initial levels: | $186.32 for AmEx, $418.77 for Mastercard, $257.98 for Visa
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Coupon barrier levels: | $121.108 for AmEx, $272.2005 for Mastercard, $167.687 for Visa; 65% of initial levels
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Trigger levels: | $121.108 for AmEx, $272.2005 for Mastercard, $167.687 for Visa; 65% of initial levels
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Strike date: | Jan. 3
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Pricing date: | Jan. 4
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Settlement date: | Jan. 9
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Agent: | J.P. Morgan Securities LLC
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Fees: | 2%
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Cusip: | 48134TC28
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