By Wendy Van Sickle
Columbus, Ohio, March 28 – JPMorgan Chase Financial Co. LLC priced $301,000 of 0% uncapped buffered equity notes due March 31, 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 finishes above its initial value, the payout at maturity will be par plus the greater of the index gain and 20.5%.
If the index finishes flat or declines by up to 15%, the payout will be par. Investors will be exposed to any losses beyond 15%.
The agent is J.P. Morgan Securities LLC.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Uncapped buffered equity notes
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Underlying index: | Euro Stoxx 50
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Amount: | $301,000
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Maturity: | March 31, 2021
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Coupon: | 0%
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Price: | Par of $1,000
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Payout at maturity: | Par plus greater of any index gain and 20.5%; par if index finishes flat or declines by up to 15%; exposure to losses beyond 15%
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Initial value: | 3,319.53
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Pricing date: | March 26
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Settlement date: | March 29
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Agent: | J.P. Morgan Securities LLC
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Fees: | 1.5%
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Cusip: | 48130W7G0
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