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Published on 9/26/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.46 million notes on basket of S&P 500, Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Sept. 26 – JPMorgan Chase Financial Co. LLC priced $1.46 million of 0% notes due Aug. 31, 2023 linked to an equally weighted basket consisting of the S&P 500 index and 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 1.1 times the basket return, subject to a minimum payout of par.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Notes
Underlying basket:S&P 500 index, Euro Stoxx 50 index; equally weighted
Amount:$1,455,000
Maturity:Aug. 31, 2023
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus 1.1 times basket return, subject to floor of par
Initial values:2,901.52 for S&P and 3,392.90 for Stoxx
Pricing date:Aug. 31
Settlement date:Sept. 6
Agent:J.P. Morgan Securities LLC
Fees:0.79553%
Cusip:48129MX92

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