By Marisa Wong
Morgantown, W.Va., Aug. 16 – JPMorgan Chase Financial Co. LLC priced $1.16 million of 0% uncapped contingent buffered return enhanced notes due Aug. 9, 2022 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 double any index gain.
Investors will receive par if the index falls by up to 30% and will lose 1% for each 1% decline from the initial level if the index falls by more than the 30% contingent buffer.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Uncapped contingent buffered return enhanced notes
|
| Underlying index: | Euro Stoxx 50
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| Amount: | $1,156,000
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| Maturity: | Aug. 9, 2022
|
| Coupon: | 0%
|
| Price: | Par of $1,000
|
| Payout at maturity: | Par plus double any index gain; par if the index falls by up to 30%; 1% loss for each 1% decline from the initial level if the index falls by more than the 30% contingent buffer
|
| Initial value: | 3,507.41
|
| Pricing date: | Aug. 4
|
| Settlement date: | Aug. 9
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 4.125%
|
| Cusip: | 46647MXA6
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