By Devika Patel
Knoxville, Tenn., Oct. 3 – JPMorgan Chase Financial Co. LLC priced $491,000 of 0% capped buffered return enhanced notes due Nov. 2, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus 250% of any index gain, up to a maximum return of 19.5%.
Investors will receive par if the index falls by up to 5% and will lose 1% for each 1% decline beyond 5%.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Capped buffered return enhanced notes
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Underlying index: | Euro Stoxx 50
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Amount: | $491,000
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Maturity: | Nov. 2, 2017
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Coupon: | 0%
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Price: | Par of $1,000
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Payout at maturity: | Par plus 250% of any index gain, capped at 19.5%; par if index declines by 5% or less; 1% loss for each 1% decline beyond 5%
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Initial level: | 2,991.58
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Pricing date: | Sept. 29
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Settlement date: | Oct. 4
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Agent: | J.P. Morgan Securities LLC
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Fees: | None
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Cusip: | 46646ED82
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