By Sarah Lizee
Olympia, Wash., April 8 – JPMorgan Chase Financial Co. LLC priced $121,000 of 0% notes due June 30, 2022 linked to the S&P Economic Cycle Factor Rotator index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus 1.05 times the index return if the index return is above its initial value.
Investors will be exposed to any decline, 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 index: | S&P Economic Cycle Factor Rotator index
|
| Amount: | $121,000
|
| Maturity: | June 30, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.05 times index return if index return is positive; investors will be exposed to any decline, subject to a minimum payout of 95% of par
|
| Initial level: | 359.164
|
| Pricing date: | March 31
|
| Settlement date: | April 3
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.6%
|
| Cusip: | 48132KCF0
|
|
|
© 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.
