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Published on 11/27/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $987,000 uncapped return enhanced notes on Euro Stoxx

By Sarah Lizee

Olympia, Wash., Nov. 27 – JPMorgan Chase Financial Co. LLC priced $987,000 of 0% uncapped return enhanced notes due Nov. 19, 2021 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 3.25 times the index return. 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:Uncapped return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$987,000
Maturity:Nov. 19, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 3.25 times index return; if index return is negative, one-to-one exposure to decline
Initial index level:3,180.74
Pricing date:Nov. 16
Settlement date:Nov. 26
Agent:J.P. Morgan Securities LLC
Fees:2.5%
Cusip:48130WCU3

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