New York, Oct. 20 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% uncapped buffered return enhanced notes due Oct. 16, 2026 linked to the Russell 1000 Value index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains, the payout at maturity will be par plus 231% of the return of the index.
The payout will be par if the index declines by no more than 10%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.
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: | Uncapped buffered return enhanced notes
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| Underlying index: | Russell 1000 Value index
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| Amount: | $1 million
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| Maturity: | Oct. 16, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus 231% of index return; par if index declines by no more than 10%; otherwise, 1% loss for every 1% that index declines beyond 10%
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| Initial level: | 1,480.218
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| Upside leverage: | 231%
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| Buffer: | 10%
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| Pricing date: | Oct. 13
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| Settlement date: | Oct. 18
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.75%
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| Cusip: | 48134BB93
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