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Published on 7/19/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $2.54 million notes on Euro Stoxx 50 index

By Wendy Van Sickle

Columbus, Ohio, July 19 – JPMorgan Chase Financial Co. LLC priced $2.54 million of 0% notes due June 30, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus any index gain. If the index falls, investors will be exposed to the loss up to 5%, with no more than 95% of the principal amount at risk.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Notes
Underlying index:Euro Stoxx 50
Amount:$2,538,000
Maturity:June 30, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain; if index falls, exposure to loss up to 5%, with no more than 95% of principal amount at risk
Initial level:3,395.60
Pricing date:June 29
Settlement date:July 5
Agent:J.P. Morgan Securities LLC
Fees:0.63936%
Cusip:48129MXZ4

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