By Wendy Van Sickle
Columbus, Ohio, Aug. 10 – JPMorgan Chase Financial Co. LLC priced $6.03 million of 0% capped enhanced participation notes due Feb. 13, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
If the basket return is positive, the payout at maturity will be par plus three times the basket return, subject to a maximum settlement amount of $1,273 per $1,000 principal amount of notes. If the basket return is negative, investors will have one-to-one exposure to the decline.
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 enhanced participation notes
|
| Underlying indexes: | Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
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| Amount: | $6,025,000
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| Maturity: | Feb. 13, 2018
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| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | If basket return is positive, par plus three times basket return, subject to maximum settlement amount of $1,273 per note; one-to-one exposure to any basket decline
|
| Pricing date: | Aug. 8
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| Settlement date: | Aug. 15
|
| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.67%
|
| Cusip: | 46646EST0
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