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Published on 6/28/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $2.04 million capped enhanced notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., June 28 – JPMorgan Chase Financial Co. LLC priced $2.04 million of 0% capped enhanced participation equity notes due July 24, 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 3 times the index return, subject to a maximum settlement amount of $1,280.50 per $1,000 principal amount of notes. If the index return is negative, investors will have one-to-one exposure to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped enhanced participation equity notes
Underlying index:Euro Stoxx 50
Amount:$2,036,000
Maturity:July 24, 2019
Coupon:0%
Price:Par of $1,000
Payout at maturity:If index return is positive, par plus 3 times index return, subject to maximum settlement amount of $1,280.50 per note; one-to-one exposure to any index decline
Initial index level:3,403.51
Pricing date:June 21
Settlement date:June 28
Agent:J.P. Morgan Securities LLC
Fees:0.96%
Cusip:48129M2X3

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