Published on 10/2/2023 in the Prospect News Structured Products Daily.
New Issue: JPMorgan sells $398,000 notes on S&P Dividend Aristocrats Daily Risk Control
Chicago, Oct. 2 – JPMorgan Chase Financial Co. LLC priced $398,000 of 0% notes due Oct. 2, 2029 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.
The payout at maturity will be plus 280% of any index gain. If the index declines, the payout will be par.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
|
Guarantor: | JPMorgan Chase & Co.
|
Issue: | Notes
|
Underlying index: | S&P 500 Dividend Aristocrats Daily Risk Control 8% Excess Return
|
Amount: | $398,000
|
Maturity: | Oct. 2, 2029
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 280% of any index gain; if index declines, par
|
Initial level: | 2,381.57
|
Pricing date: | Sept. 27, 2022
|
Settlement date: | Sept. 30, 2022
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 4%
|
Cusip: | 48133ME71
|
|
© 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.