By Sarah Lizee
Olympia, Wash., April 8 – JPMorgan Chase Financial Co. LLC priced $121,000 of 0% notes due June 30, 2022 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 1.05 times the index return if the index return is above its initial value.
Investors will be exposed to any decline, subject to a minimum payout of 95% of 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: | $121,000
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Maturity: | June 30, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.05 times index return if index return is positive; investors will be exposed to any decline, subject to a minimum payout of 95% of par
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Initial level: | 359.164
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Pricing date: | March 31
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Settlement date: | April 3
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.6%
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Cusip: | 48132KCF0
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