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Published on 11/5/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $877,000 of notes linked to basket of Stoxx, S&P 500

By Sarah Lizee

Olympia, Wash., Nov. 5 – JPMorgan Chase Financial Co. LLC priced $877,000 of 0% notes due Oct. 31, 2023 linked to an equally-weight basket of the S&P 500 index and the 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 116% of any basket gain. If the basket falls, the payout will be par.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Notes
Underlying basket:Euro Stoxx 50 index, S&P 500 index
Amount:$877,000
Maturity:Oct. 31, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 116% of any basket gain; if basket declines, par
Initial values:2,711.74 for S&P and 3,197.51 for Stoxx
Pricing date:Oct. 31
Settlement date:Nov. 5
Agent:J.P. Morgan Securities LLC
Fees:0.41947%
Cusip:48130U4H5

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