New York, May 6 – JPMorgan Chase Financial Co. LLC priced $1.38 million of 0% uncapped buffered return enhanced notes due April 25, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains the payout at maturity will be par plus 176% of the return of the worst performing index. The payout will be par if the worst performing index declines but by no more than the 15% buffer. Investors will lose 1% for every 1% that the worst performing index declines beyond the buffer.
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: | Euro Stoxx 50 index
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| Amount: | $1,375,000
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| Maturity: | April 25, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worst performing index gains par plus 176% of worst performing index return; par if worst performing index declines but by no more than 15% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
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| Initial level: | 3,840.01
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| Upside leverage: | 176%
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| Cap: | None
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| Buffer: | 15%
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| Strike date: | April 22
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| Pricing date: | April 25
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| Settlement date: | April 28
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0%
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| Cusip: | 48133FTV7
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