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Published on 4/3/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.96 million capped notes on Euro Stoxx Select Dividend

By Marisa Wong

Morgantown, W.Va., April 3 – JPMorgan Chase Financial Co. LLC priced $1.96 million of 0% capped notes due March 26, 2021 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.

The payout at maturity will be par plus double any index gain, capped at par plus 70%. If the index finishes flat or falls, the payout will be par plus the index return, subject to a minimum payout of 95% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped notes
Underlying index:Euro Stoxx Select Dividend 30 index
Amount:$1.96 million
Maturity:March 26, 2021
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus double any index gain, capped at par plus 70%; if index finishes flat or falls, par plus the index return, subject to a minimum payout of 95% of par
Initial value:1,975.02
Pricing date:March 23
Settlement date:March 28
Agent:J.P. Morgan Securities LLC
Fees:0.85587%
Cusip:48129MEQ5

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