Chicago, Nov. 1 – JPMorgan Chase Financial Co. LLC priced $239,000 of 0% return notes due May 3, 2023 linked to the J.P. Morgan Kronos+ index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return.
The level of the index reflects the deduction of a fee of 0.95% per year that accrues daily and, in some circumstances, a notional financing cost.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Return notes
|
| Underlying index: | J.P. Morgan Kronos+ index
|
| Amount: | $239,000
|
| Maturity: | May 3, 2023
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus return
|
| Initial level: | 242.84
|
| Pricing date: | Feb. 28
|
| Settlement date: | March 3
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 48133CK27
|
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