E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/2/2019 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $395,000 notes on S&P Economic Cycle Factor Rotator

By Sarah Lizee

Olympia, Wash., July 2 – JPMorgan Chase Financial Co. LLC priced $395,000 of 0% notes due June 30, 2026 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 2.2 times the index return, subject to a minimum payout 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:$395,000
Maturity:June 30, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.2 times index return, subject to floor of par
Initial level:393.791
Pricing date:June 25
Settlement date:June 28
Agent:J.P. Morgan Securities LLC
Fees:4.275%
Cusip:48132CPW7

© 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.