JPMorgan Issues Auto Callable Notes Linked to Blackstone Inc.
JPMorgan Chase Financial Company LLC has issued Auto Callable Contingent Interest Notes Linked to Blackstone Inc.'s common stock.
The notes are designed for investors seeking a Contingent Interest Payment with respect to each Review Date for which the closing price of one share of the Reference Stock is greater than or equal to 55.00% of the Initial Value, $75.4215.
If the closing price of one share of the Reference Stock on any Review Date (other than the first and final Review Dates) is greater than or equal to the Initial Value, $100.00, the notes will be automatically called for a cash payment, for each $1,000 principal amount note.
The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co., and any payment on them is subject to the credit risk of JPMorgan Financial, as issuer of the notes, and the credit risk of JPMorgan Chase & Co., as guarantor of the notes.