By Wendy Van Sickle
Columbus, Ohio, May 29 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% uncapped contingent buffered return enhanced notes due May 28, 2021 linked to the lesser performing of the S&P 500 Low Volatility High Dividend index and the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index finishes above its initial level, the payout at maturity will be par 2 times any gain of the worse performing index.
If either index falls by up to 50%, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline of the worse performing index.
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: | Uncapped contingent buffered return enhanced notes
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Underlying indexes: | S&P 500 Low Volatility High Dividend index and Euro Stoxx Select Dividend 30 index
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Amount: | $500,000
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Maturity: | May 28, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If each index gains, par plus 2 times any gain of worse performing index; if either index falls by up to 50%, par; otherwise, 1% loss for each 1% decline of worse performing index
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Initial levels: | 2,068.63 for Stoxx and 6,713.84 for S&P
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Pricing date: | May 24
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Settlement date: | May 30
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Agent: | J.P. Morgan Securities LLC
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Fees: | 4%
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Cusip: | 48129MQM1
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