New York, Jan. 3 – JPMorgan Chase Financial Co. LLC priced $1.06 million of 0% uncapped buffered return enhanced notes due Dec. 28, 2026 linked to the S&P 500 Equal Weight index and the S&P 500 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 113.45% of the return of that index.
The payout will be par if the worst performing index declines by no more than 30%. Otherwise, investors will lose 1.42857% for every 1% that the worst performing index declines beyond 30%.
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 indexes: | S&P 500 Equal Weight index and S&P 500 index
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Amount: | $1.06 million
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Maturity: | Dec. 28, 2026
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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 113.45% of that index’s return; par if worst performing index declines by no more than 30%; otherwise, 1.42857% loss for every 1% that worst performing index declines beyond 30%
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Initial levels: | 6,373.36 for S&P 500 Equal Weight, 4,754.63 for S&P 500
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Upside leverage: | 113.45%
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Downside leverage: | 142.857%
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Buffer: | 30%
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Pricing date: | Dec. 22
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Settlement date: | Dec. 28
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.3%
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Cusip: | 48134R5K0
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