New Issue: JPMorgan sells $2.19 million uncapped accelerated barrier notes on EAFE ETF, Stoxx 50

By William Gullotti

Buffalo, N.Y., Oct. 27 – JPMorgan Chase Financial Co. LLC priced $2.19 million of 0% uncapped accelerated barrier notes due Oct. 3, 2025 linked to the lesser performing of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each underlier finishes at or above its initial level, the payout at maturity will be par plus 1.9 times the return of the lesser performing underlier.

If either underlier falls but each underlier finishes at or above the 70% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performer.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped accelerated barrier notes
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$2,187,000
Maturity:	Oct. 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier finishes at or above its initial level, par plus 1.9 times the return of the lesser performing underlier; if either underlier falls but all underliers finish at or above the barrier level, par; otherwise, investors will be fully exposed to the decline of the worst performer
Initial levels:	$78.01 for ETF, 4,048.08 for Stoxx
Barrier levels:	$54.607 for ETF, 2,833.656 for Stoxx; 70% of initial levels
Pricing date:	Sept. 30
Settlement date:	Oct. 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.30624%
Cusip:	48132WME6

© 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.