New Issue: JPMorgan prices $540,000 buffered return enhanced notes linked to S&P

Chicago, Feb. 22 – JPMorgan Chase Financial Co. LLC priced $540,000 of 0% buffered return enhanced notes due May 6, 2027 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.0475 times any index gain.

Investors will receive par if the index falls by up to 41%. Otherwise, investors will lose 1% for every 1% from the initial 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:	Buffered return enhanced notes
Underlying index:	S&P 500 index
Amount:	$540,000
Maturity:	May 6, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.0475 times any index gain; par if index declines by 41% or less; otherwise, full exposure to losses of index
Initial value:	4,175.48
Trigger buffer level:	59% of initial level
Strike date:	May 3, 2022
Pricing date:	May 4, 2022
Settlement date:	May 9, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	3%
Cusip:	48133FL78

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.