Published on 2/12/2024 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $530,000 notes linked to J.P. Morgan Efficiente Plus
Chicago, Feb. 12 – JPMorgan Chase Financial Co. LLC priced $530,000 of 0% notes due May 29, 2026 linked to the J.P. Morgan Efficiente Plus DS 5 Index (Net ER), according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 245% of the index return, subject to a minimum payout of par.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
|
Guarantor: | JPMorgan Chase & Co.
|
Issue: | Notes
|
Underlying index: | J.P. Morgan Efficiente Plus DS 5 Index (Net ER)
|
Amount: | $530,000
|
Maturity: | May 29, 2026
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 245% of index return, subject to minimum payout of par
|
Initial level: | 157.62
|
Pricing date: | May 25, 2023
|
Settlement date: | May 31, 2023
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 3.10849%
|
Cusip: | 48133WLB2
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.