By Susanna Moon
Chicago, Jan. 2 – JPMorgan Chase Financial Co. LLC priced $4.79 million of 0% digital equity notes due Jan. 6, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes at or above its 85% threshold, the payout at maturity will be the threshold settlement amount of $1,195.50 for each $1,000 principal amount.
Otherwise, investors will lose 1.1765% for every 1% decline.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Digital equity notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $4,794,000
|
| Maturity: | Jan. 6, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains or falls by up to 15%, par plus 19.55%; otherwise, 1.1765% loss for each 1% decline
|
| Initial level: | 3,040.13
|
| Barrier level: | 85% of initial level
|
| Pricing date: | Dec. 18
|
| Settlement date: | Dec. 26
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 48130WKG5
|
|
|
|
|
© 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.
