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Published on 9/8/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $2.67 million trigger gears linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Sept. 8 – JPMorgan Chase Financial Co. LLC priced $2.67 million of 0% trigger gears due Aug. 31, 2020 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 greater than zero, the payout at maturity will be par of $10 plus 2.01 times the index return. Investors will receive par if the index declines by 25% or less and have one-to-one exposure to the index’s decline from its initial level if it declines by more than 25%.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Trigger gears
Underlying index:Euro Stoxx 50
Amount:$2,673,980
Maturity:Aug. 31, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:If the index return is greater than zero, par plus 2.01 times index gain; par if index declines by 25% or less; one-to-one exposure to index’s decline from its initial level if it declines by more than 25%
Initial level:3,388.22
Downside threshold:2,541.17, 75% of initial level
Pricing date:Aug. 29
Settlement date:Aug. 31
Agents:UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:None
Cusip:48129J707

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