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Published on 2/8/2021 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.46 million uncapped buffered return enhanced notes on MSCI EAFE

By Kiku Steinfeld

Chicago, Feb. 8 – JPMorgan Chase Financial Co. LLC priced $1.46 million of 0% uncapped buffered return enhanced notes due Jan. 30, 2026 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus 1.25 times any gain in the index.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

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:Uncapped buffered return enhanced notes
Underlying index:MSCI EAFE
Amount:$1,462,000
Maturity:Jan. 30, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.25 times any index gain; par if the index falls by up to 10%; exposure to any losses beyond 10%
Initial index level:2,170.28
Buffer level:90% of initial level
Pricing date:Jan. 27
Settlement date:Jan. 29
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:48132RJY7

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