Chicago, March 29 – JPMorgan Chase Financial Co. LLC priced $650,000 of 0% uncapped accelerated barrier notes due March 5, 2026 linked to the lesser performing of the First Trust Nasdaq Clean Edge Green Energy index fund and the Invesco Solar ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If each ETF finishes at or above its initial level, the payout at maturity will be par plus 1.2 times the return of the worst performing ETF.
If any ETF falls but each ETF finishes at or above the 60% barrier level, the payout will be par.
Otherwise, investors will be fully exposed to the decline of the worst performing ETF.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Uncapped accelerated barrier notes
|
| Underlying ETFs: | First Trust Nasdaq Clean Edge Green Energy index fund, Invesco Solar ETF
|
| Amount: | $650,000
|
| Maturity: | March 5, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If each ETF finishes at or above its initial level, par plus 1.2 times the return of the worst performing ETF; if any ETF falls but all ETFs finish at or above the barrier level, par; otherwise, investors will be fully exposed to the decline of the worst performing ETF
|
| Initial ETF levels: | $76.90 for Clean, $107.07 for Solar
|
| Barrier levels: | $46.14 for Clean, $64.242 for Solar, 60% of initial levels
|
| Pricing date: | March 1
|
| Settlement date: | March 4
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2.5%
|
| Cusip: | 48132R6W5
|
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