By Wendy Van Sickle
Columbus, Ohio, Feb. 8 – JPMorgan Chase Financial Co. LLC priced $6.49 million of 0% capped buffered enhanced participation equity notes due Feb. 4, 2026 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index return greater than the initial level, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum settlement amount of par plus 30.75%.
If the index return is flat, or greater than or equal to the 90% buffer level, investors will receive par.
If the index falls by more than 10%, investors will lose 1.1111% for each 1% decline beyond the buffer.
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: | Capped buffered enhanced participation equity notes
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| Underlying index: | Russell 2000 index
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| Amount: | $6.49 million
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| Maturity: | Feb. 4, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus 1.5 times the gain, capped at par plus 30.75%; if the index is flat, or greater than or equal to the 90% buffer level, par; if the index falls below the 10% buffer, investors will lose 1.1111% for each 1% decline beyond 10% buffer
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| Initial level: | 1,974.419
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| Buffer level: | 90% of initial index level
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| Pricing date: | Feb. 1
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| Settlement date: | Feb. 8
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 2%
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| Cusip: | 48134TP81
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