By Sarah Lizee
Olympia, Wash., March 5 – JPMorgan Chase Financial Co. LLC priced $742,000 of 0% notes due May 30, 2025 linked to the S&P Economic Cycle Factor Rotator index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus 105% of the index return if the index return is above its initial value.
Otherwise, investors will receive par.
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: | Notes
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Underlying index: | S&P Economic Cycle Factor Rotator index
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Amount: | $742,000
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Maturity: | May 30, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 105% of index return if index return is positive, otherwise, par
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Initial level: | 375.018
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Pricing date: | Feb. 25
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Settlement date: | Feb. 28
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Agent: | J.P. Morgan Securities LLC
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Fees: | 4%
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Cusip: | 48132H2M3
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