By Wendy Van Sickle
Columbus, Ohio, Dec. 1 – JPMorgan Chase Financial Co. LLC priced $2.57 million of floating-rate notes due May 28, 2025 linked to Consumer Price index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is equal to Consumer Price index. Interest is payable monthly and cannot be less than 0%.
The payout at maturity will be par plus any interest.
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: | Floating-rate notes
|
| Underlying: | Consumer Price index
|
| Amount: | $2,567,000
|
| Maturity: | May 28, 2025
|
| Coupon: | Consumer Price index, subject to a floor of 0%; payable monthly
|
| Price: | Par
|
| Payout at maturity: | Par plus any interest
|
| Pricing date: | Nov. 22
|
| Settlement date: | Nov. 28
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.25%
|
| Cusip: | 48133PBX0
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
