By Susanna Moon
Chicago, Dec. 22 – JPMorgan Chase Financial Co. LLC priced $242,000 of 0% capped buffered return enhanced notes due June 25, 2019 linked to 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.
The payout at maturity will be par plus double any fund gain, up to a maximum return of 27%.
Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond 10%.
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: | Capped buffered return enhanced notes
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| Underlying fund: | iShares MSCI EAFE ETF
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| Amount: | $242,000
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| Maturity: | June 25, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 200% of any fund gain, capped at 27%; par if fund falls by up to 10%; exposure to any losses beyond 10%
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| Initial level: | $58.24
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| Pricing date: | Dec. 20
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| Settlement date: | Dec. 23
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 2.49277%
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| Cusip: | 46646QCP8
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