JPMorgan $193K dual directional index notes
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Rhea-AI Filing Summary
JPMorgan Chase Financial Company LLC is offering $193,000 of Uncapped Dual Directional Accelerated Barrier Notes linked to the least performing of the Nasdaq-100® Technology Sector, the S&P 500® Index and the Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes have $1,000 denominations, an Upside Leverage Factor of 1.711, a Barrier Amount for each index at 70.00% of its Initial Value, and mature on August 5, 2031. If all indices end above their initial levels, investors receive leveraged upside based on the least performing index. If any index is at or below its Initial Value but all remain at or above the barrier, investors receive a positive, uncapped return equal to the absolute depreciation of the least performing index, capped economically at 30.00%. If any index finishes below its barrier, principal is reduced one-for-one with the decline of the least performing index, with losses that can reach 100%.
The notes pay no interest, provide no dividend exposure, are unsecured and unsubordinated obligations of JPMorgan Financial subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and are not listed on any exchange. The price to public is $1,000 per note, including $5 in selling commissions, while the issuer’s estimated value is $967.30 per note, reflecting embedded costs and hedging assumptions.
Key Figures
Key Terms
Barrier Amount financial
Upside Leverage Factor financial
Least Performing Index financial
Absolute Index Return financial
open transactions financial
Section 871(m) financial
Offering Details
FAQ
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What are the key terms of JPM (JPMorgan) Uncapped Dual Directional Accelerated Barrier Notes?
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What upside do JPM (JPMorgan) investors receive from these dual directional notes?
What is the total size and pricing of JPM (JPMorgan) structured notes in this filing?
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What credit and liquidity risks do holders of JPM (JPMorgan) barrier notes face?
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