E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/10/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.75 million capped notes linked to S&P 500

New York, June 10 – JPMorgan Chase Financial Co. LLC priced $1.75 million of 0% capped notes due Dec. 7, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus the return of the index, subject to a maximum payout of par plus 7.5%.

Otherwise, investors will receive par.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped notes
Underlying index:S&P 500 index
Amount:$1,753,000
Maturity:Dec. 7, 2023
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus index return capped at 7.5%; otherwise, investors will receive par
Initial level:4,176.82
Cap:7.5%
Principal protection:100%
Pricing date:June 2
Settlement date:June 7
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133GKM4

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.