Published on 5/9/2019 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $338,000 notes due 2022 linked to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, May 9 – JPMorgan Chase Financial Co. LLC priced $338,000 of 0% notes due Jan. 31, 2022 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.
The payout at maturity will be par plus 1.25 times any index gain. If the index falls, investors will be exposed to the first 5% of the loss, subject to a minimum payout of 95% of par.
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: | Notes
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Underlying index: | Euro Stoxx 50 index
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Amount: | $338,000
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Maturity: | Jan. 31, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.25 times any index gain, exposure to the first 5% of any loss
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Initial value: | 3,514.62
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Pricing date: | April 30
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Settlement date: | May 3
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.25%
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Cusip: | 48130WV24
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