Chicago, Feb. 12 – JPMorgan Chase Financial Co. LLC priced $1.15 million of 0% digital contingent buffered notes due Feb. 4, 2021 linked to the iShares MSCI Brazil exchange-traded fund, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus the 10.02% contingent digital return if the fund finishes above 80% of its initial value.
Otherwise, investors will be fully exposed to the losses of the ETF.
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: | Digital contingent buffered notes
|
| Underlying fund: | iShares MSCI Brazil exchange-traded fund
|
| Amount: | $1,150,000
|
| Maturity: | Feb. 4, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 10.02% contingent digital return if fund finishes above 80% of its initial level; otherwise full exposure to losses
|
| Initial level: | $43.76
|
| Contingent buffer: | 80%
|
| Pricing date: | Feb. 3
|
| Settlement date: | Feb. 6
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 48132H5H1
|
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