By Taylor Fox
New York, Aug. 20 – JPMorgan Chase Financial Co. LLC priced $4.55 million of uncapped contingent return notes due Feb. 10, 2026 linked to the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of the return of the index or 92%
Investors will lose 1% for each 1% decline from the initial level if the index finishes below the initial value.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
|
Guarantor: | JPMorgan Chase & Co.
|
Issue: | Uncapped contingent return notes
|
Underlying index: | Euro Stoxx Select Dividend 30 index
|
Amount: | $4,550,000
|
Maturity: | Feb. 10, 2026
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus greater of index return and contingent 92% minimum return if index finishes positive; otherwise, 1% loss for each 1% decline from initial level
|
Initial level: | 1,680.30
|
Pricing date: | Feb. 5
|
Settlement date: | Feb. 10
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 3%
|
Cusip: | 48132RXP0
|
|
© 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.