Published on 1/28/2024 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $508,000 notes linked to J.P. Morgan Large-Cap Dynamic Blend 5
By Kiku Steinfeld
Chicago, Jan. 29 – JPMorgan Chase Financial Co. LLC priced $508,000 of 0% notes due June 14, 2028 linked to the J.P. Morgan Large-Cap Dynamic Blend 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 460% of the index return, subject to a minimum payout of par.
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: | Notes
|
Underlying index: | J.P. Morgan Large-Cap Dynamic Blend 5 index
|
Amount: | $508,000
|
Maturity: | June 14, 2028
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 460% of index return, subject to minimum payout of par
|
Initial level: | 233.88
|
Pricing date: | June 9, 2023
|
Settlement date: | June 14, 2023
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 0.8%
|
Cusip: | 48133XKB1
|
|
|
© 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.