By Sarah Lizee
Olympia, Wash., June 15 – JPMorgan Chase Financial Co. LLC priced $4.39 million of 0% capped buffered equity notes due Sept. 17, 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 any gain recorded by the ETF up to a maximum return of 19%.
Investors will receive par if the ETF falls by up to 10% and will lose 1% for each 1% decline beyond the 10% buffer amount.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Capped buffered equity notes
|
| Underlying fund: | iShares MSCI EAFE ETF
|
| Amount: | $4,386,000
|
| Maturity: | Sept. 17, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any fund gain, up to a maximum return of 19%; par if fund falls by 10% or less; 1% loss for every 1% decline beyond 10%
|
| Initial level: | $70.41
|
| Pricing date: | June 12
|
| Settlement date: | June 15
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.6%
|
| Cusip: | 48129MZR0
|
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