New York, April 27 – JPMorgan Chase Financial Co. LLC priced $1.05 million of 0% capped accelerated barrier notes due April 2, 2026 linked to the common stock of Walt Disney Co., according to a 424B2 filing with the Securities and Exchange Commission.
If the stock gains, the payout at maturity will be par plus 200% of the return of the stock, capped at par plus 77%.
The payout will be par if the stock declines but finishes at or above its 80% barrier. Otherwise, investors will lose 1% for every 1% that the stock declines from initial level.
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: | Capped accelerated barrier notes
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| Underlying stock: | Walt Disney Co.
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| Amount: | $1.05 million
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| Maturity: | April 2, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If stock gains, par plus 200% of stock return, capped at par plus 77%; par if stock declines but finishes at or above its downside barrier; otherwise, 1% loss for every 1% that stock declines from initial level
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| Initial level: | $98.10
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| Upside leverage: | 200%
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| Cap: | 77%
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| Barrier: | $78.48, 80% of initial level
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| Strike date: | March 30
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| Pricing date: | March 31
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| Settlement date: | April 5
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.6%
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| Cusip: | 48133VSD3
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