New Issue: JPMorgan sells $750,000 digital buffered notes linked to Brent Crude Oil Futures

Chicago, Aug. 21 – JPMorgan Chase Financial Co. LLC priced $750,000 of 0% digital buffered notes due Aug. 30, 2023 linked to a Brent Crude Oil Futures Contract, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the commodity finishes at or above its buffer level, 65% of initial level, the payout at maturity will be par plus 16.05%.

Otherwise, investors will lose 1.53846% for every 1% of decline in commodity price beyond 35%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital buffered notes
Underlying commodity:	Brent Crude Oil Futures Contract
Amount:	$750,000
Maturity:	Aug. 30, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If commodity finishes at or above buffer level, par plus 16.05%; otherwise, 1.53846% loss for every 1% commodity decline beyond buffer
Initial level:	$103.97
Buffer level:	65% of initial level
Pricing date:	July 29, 2022
Settlement date:	Aug. 3, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133DQ78

© 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.