By Susanna Moon
Chicago, Aug. 10 – JPMorgan Chase Financial Co. LLC priced $1.27 million of 0% digital dual directional contingent buffered notes due Sept. 13, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange.
If the index finishes at or above the 85% threshold level, the payout at maturity will be par plus the 8.15% contingent digital return.
If the index falls by more than the 15% contingent buffer, investors will be fully exposed to any losses.
The notes are guaranteed by JPMorgan Chase & Co.
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: | Digital dual directional contingent buffered notes
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| Underlying index: | Stoxx Europe 600
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| Amount: | $1,265,000
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| Maturity: | Sept. 13, 2017
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains or falls by up to 15%, par plus 8.15%; otherwise, full exposure to any losses
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| Initial level: | 341.38
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| Contingent buffer: | 15%
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| Pricing date: | Aug. 5
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| Settlement date: | Aug. 10
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.04%
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| Cusip: | 46646ETH5
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