By Marisa Wong
Morgantown, W.Va., June 19 – JPMorgan Chase Financial Co. LLC priced $4.8 million of 0% capped buffered enhanced participation equity notes due Dec. 13, 2018 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 1.5 times any index gain, subject to a maximum return of 21.75%.
If the index falls by up to 10%, the payout will be par.
If the index falls by more than 10%, investors will lose 1.1111% for every 1% decline beyond 10%.
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 enhanced participation equity notes
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Underlying index: | Euro Stoxx 50
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Amount: | $4,799,000
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Maturity: | Dec. 13, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.5 times any index gain, subject to a maximum return of 21.75%; if index falls by up to 10%, par; otherwise, 1.1111% loss for every 1% decline beyond 10%
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Initial level: | 3,586.07
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Pricing date: | June 9
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Settlement date: | June 16
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Agent: | J.P. Morgan Securities LLC
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Fees: | 1.31%
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Cusip: | 46647MGG2
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