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Published on 10/3/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $833,000 notes on basket of two dividend indexes

By Sarah Lizee

Olympia, Wash., Oct. 3 – JPMorgan Chase Financial Co. LLC priced $833,000 of 0% notes due Sept. 30, 2021 linked to an equally weighted basket consisting 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.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 1.75 times any basket gain.

If the basket finishes flat or falls, the payout will be par plus the basket return, subject to a minimum payout of 95% of par.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Notes
Underlying basket:S&P 500 Low Volatility High Dividend index and Euro Stoxx Select Dividend 30 index, each with 50% weight
Amount:$833,000
Maturity:Sept. 30, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.75 times any basket gain; if basket finishes flat or falls, par plus the basket return, subject to a minimum payout of 95% of par
Initial levels:6,913.260 for S&P and 1,978.76 for Stoxx
Pricing date:Sept. 28
Settlement date:Oct. 3
Agent:J.P. Morgan Securities LLC
Fees:0.52473%
Cusip:48130UHZ1

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