New York, Aug. 10 – JPMorgan Chase Financial Co. LLC priced $1.96 million of 0% uncapped dual directional buffered return enhanced notes due Feb. 3, 2025 linked to the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing asset gains, the payout will be par plus 180% of the worst performing asset return.
The payout will be par plus the absolute value of the worst performing asset return if the worst performing asset declines by no more than 10%.
Otherwise, investors will lose 1% for every 1% that the worst performing asset declines beyond 10%.
The notes are guaranteed by JPMorgan Chase & Co.
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: | Uncapped dual directional buffered return enhanced notes
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Underlying assets: | iShares MSCI EAFE ETF and Euro Stoxx 50 index
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Amount: | $1,956,000
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Maturity: | Feb. 3, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If worst performing asset gains, par plus 180% of worst performing asset return; par plus absolute value of worst performing asset return if worst performing asset declines by no more than 10%; otherwise, 1% loss for every 1% that worst performing asset declines beyond 10%
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Initial levels: | 3,708.10 for Euro Stoxx 50, $65.72 for iShares MSCI EAFE ETF
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Buffer: | 10%
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Pricing date: | July 29
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Settlement date: | Aug. 3
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.1113%
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Cusip: | 48133LAX0
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