Chicago, Aug. 14 – JPMorgan Chase Financial Co. LLC priced $55,000 of 0% notes due July 30, 2026 linked to the S&P 500 Dividend Aristocrats Daily Risk Control 8% Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes flat or gains, the payout at maturity will be par plus 1.4 times the index return.
Otherwise, investors will receive par.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Notes
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| Underlying index: | S&P 500 Dividend Aristocrats Daily Risk Control 8% Excess Return
|
| Amount: | $55,000
|
| Maturity: | July 30, 2026
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.4 times any index gain; otherwise, par
|
| Initial level: | 2,562.21
|
| Pricing date: | July 26
|
| Settlement date: | July 31
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2.5%
|
| Cusip: | 48133X2X3
|
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