Chicago, Aug. 14 – JPMorgan Chase Financial Co. LLC priced $699,000 of 0% notes due July 31, 2025 linked to the J.P. Morgan Tactical Blend index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 275% of the index return.
Otherwise, investors will receive par.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Notes
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Underlying index: | J.P. Morgan Tactical Blend index
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Amount: | $699,000
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Maturity: | July 31, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If final index level is greater than initial index level, par plus 275% of index return; otherwise, par
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Initial level: | 198.16
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Pricing date: | July 26
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Settlement date: | July 31
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Agent: | J.P. Morgan Securities LLC
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Fees: | 3.25%
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Cusip: | 48133X5W2
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