By Angela McDaniels
Tacoma, Wash., Oct. 7 – JPMorgan Chase Financial Co. LLC priced $748,000 of 0% contingent buffered equity notes due April 9, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return.
If the final index level is equal to the initial index level or is less than the initial index level by up to 31%, the payout will be par.
If the final index level is less than the initial index level by more than 31%, investors will lose 1% for every 1% that the final index level is less than the initial index level.
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: | Contingent buffered equity notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $748,000
|
| Maturity: | April 9, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than initial index level, par plus index return; if final index level is equal to initial index level or is less than initial index level by up to 31%, par; if final index level is less than initial index level by more than 31%, 1% for every 1% that final index level is less than initial index level
|
| Initial index level: | 3,446.71
|
| Final index level: Average of index’s closing levels on five trading days ending April 6, 2021
|
| Pricing date: | Oct. 4
|
| Settlement date: | Oct. 9
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.25%
|
| Cusip: | 48132FVD5
|
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