New Issue: JPMorgan prices $950,000 capped return enhanced notes on Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, July 6 – JPMorgan Chase Financial Co. LLC priced $950,000 of 0% capped return enhanced notes due June 30, 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 positive, the payout at maturity will be par plus 5 times the index gain, subject to a maximum return of 52.3%. 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 return enhanced notes
Underlying index:	Euro Stoxx 50
Amount:	$950,000
Maturity:	June 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 5 times gain, return capped at 52.3%; if index return is negative, one-to-one exposure to decline
Initial index level:	3,395.60
Pricing date:	June 29
Settlement date:	July 5
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48129M4X1

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.