Chicago, Dec. 11 – JPMorgan Chase Financial Co. LLC $240,000 of 0% capped dual directional accelerated barrier notes due May 5, 2025 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the fund gains, the payout at maturity will be par plus 200% of the gain, capped at 38%.
The payout will be par plus the absolute value of the fund return if the fund declines but finishes at or above the 75% barrier.
Investors will lose 1% for every 1% that the fund declines if it ends below the barrier.
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: | Capped dual directional accelerated barrier notes
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| Underlying fund: | iShares MSCI EAFE ETF
|
| Amount: | $240,000
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| Maturity: | May 5, 2025
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If fund gains, par plus 200% of gain, capped at 38%; par plus absolute value of fund return if fund declines but finishes above 75% barrier; 1% loss for every 1% that fund declines if it finishes below barrier
|
| Initial level: | $59.31
|
| Barrier level: | $44.4825, 75% of initial level
|
| Upside leverage: | 200%
|
| Pricing date: | Oct. 31, 2022
|
| Settlement date: | Nov. 3, 2022
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0%
|
| Cusip: | 48133NWF1
|
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