By Marisa Wong
Morgantown, W.Va., May 16 – JPMorgan Chase Financial Co. LLC priced $13.39 million of 0% enhanced participation equity notes due May 16, 2019 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.
If the index return is positive, the payout at maturity will be par plus 1.83 times the index return. Investors will be fully exposed to any index decline.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Enhanced participation equity notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $13,394,000
|
| Maturity: | May 16, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.83 times any index gain; full exposure to losses
|
| Initial level: | 3,637.52
|
| Pricing date: | May 12
|
| Settlement date: | May 19
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2%
|
| Cusip: | 46647MCA9
|
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