By Susanna Moon
Chicago, Dec. 30 – JPMorgan Chase & Co. priced $192,000 of 0% buffered return enhanced notes due Dec. 31, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 1.15 times any gain in the fund.
Investors will receive par if the fund falls by up to 15% and will be exposed to any losses beyond 15%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
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| Issue: | Capped buffered return enhanced notes
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| Underlying fund: | iShares MSCI EAFE ETF
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| Amount: | $192,000
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| Maturity: | Dec. 31, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.15 times any fund gain; par if the fund falls by up to 15%; exposure to any losses beyond 15%
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| Initial level: | $59.53
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| Pricing date: | Dec. 23
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| Settlement date: | Dec. 31
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.36979%
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| Cusip: | 48128GEH9
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