By Wendy Van Sickle
Columbus, Ohio, Oct. 27 – JPMorgan Chase Financial Co. LLC priced $4.77 million of 0% contingent buffered digital notes due Oct. 30, 2019 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the final level of each asset is greater than or equal to its initial level or is less than the initial level by up to 30%, the payout at maturity will be par plus 25.25%.
If the final level of either asset is less than its initial level by more than 30%, investors will be fully exposed to the lesser-performing asset’s decline from its initial level.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Contingent buffered digital notes
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| Underlying assets: | Euro Stoxx 50 index and iShares MSCI EAFE ETF
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| Amount: | $4.77 million
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| Maturity: | Oct. 30, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If final level of each index is greater than or equal to initial level or is less than initial level by up to 30%, par plus 25.25%; if either index falls by more than 30%, full exposure to lesser-performing index’s decline from initial level
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| Initial index levels: | 3,087.41 for index, $58.14 for ETF
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| Pricing date: | Oct. 25
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| Settlement date: | Oct. 28
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.75%
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| Cusip: | 46646EY71
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