New York, Oct. 10 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% capped accelerated barrier notes due Oct. 2, 2025 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 175% of the return of the stock capped at par plus 55.35%. The payout will be par if the stock declines but finishes above its 85% barrier. Investors will lose 1% for every 1% that the stock declines if it closes below its barrier.
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: | $1,002,000
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| Maturity: | Oct. 2, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If stock gains par plus 175% of stock return capped at par plus 55.35%; par if stock declines but finishes above its downside barrier; 1% loss for every 1% that stock declines if it finishes below its downside barrier
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| Initial level: | $79.90 on strike date of Sept. 27
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| Upside leverage: | 175%
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| Cap: | 55.35%
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| Barrier: | $67.915, 85% of initial level
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| Pricing date: | Sept. 28
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| Settlement date: | Oct. 3
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.4%
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| Cusip: | 48134BMA8
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