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Published on 4/4/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $5.68 million three-year review notes on Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., April 4 – JPMorgan Chase & Co. priced $5,675,000 of 0% review notes due April 2, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 13% if the index closes at or above its initial level on any annual review date.

The payout at maturity will be par unless the index falls by more than 20%, in which case investors will lose 1% for each 1% decline from the initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Review notes
Underlying index:Euro Stoxx 50
Amount:$5,675,000
Maturity:April 2, 2020
Coupon:0%
Price:Par
Payout at maturity:Par unless the index falls by more than 20%, in which case 1% loss for each 1% decline from initial level
Call:At par plus an annualized premium of 13% if the index closes at or above its initial level on any annual review date
Initial level:3,481.58
Pricing date:March 30
Settlement date:April 4
Agent:J.P. Morgan Securities LLC
Fees:2%
Cusip:46646Q2E4

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