By Sarah Lizee
Olympia, Wash., June 26 – JPMorgan Chase Financial Co. LLC priced $162,000 of 0% contingent buffered digital notes due June 23, 2022 linked to the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the final value of each asset is greater than or equal to 80% of its initial value, the payout at maturity will be par plus 14.5%.
If either asset falls by more than 20%, investors will be fully exposed to the lesser-performing asset’s decline from its initial value.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Contingent buffered digital notes
|
| Underlying assets: | Euro Stoxx 50 index and the iShares MSCI Emerging Markets ETF
|
| Amount: | $162,000
|
| Maturity: | June 23, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the final value of each asset is greater than or equal to 80% of its initial value, par plus 14.5%; otherwise, investors will be fully exposed to the lesser-performing asset’s decline from its initial value
|
| Initial values: | 3,269.1 for index and $39.92 for ETF
|
| Barrier levels: | 80% of initial levels
|
| Pricing date: | June 19
|
| Settlement date: | June 24
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2%
|
| Cusip: | 48132MDX6
|
|
|
© 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.
