By William Gullotti
Buffalo, N.Y., June 15 – JPMorgan Chase Financial Co. LLC priced $1.4 million of 0% return enhanced notes due June 12, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
At maturity, if the index gains, the payout will be par plus 1.8 times the return.
Investors will be fully exposed to any index decline.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
|
Guarantor: | JPMorgan Chase & Co.
|
Issue: | Return enhanced notes
|
Underlying index: | Euro Stoxx 50 index
|
Amount: | $1.4 million
|
Maturity: | June 12, 2025
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If index finishes above initial level, par plus 1.8 times the return; otherwise, full exposure to decline
|
Initial level: | 4,289.79
|
Pricing date: | June 9
|
Settlement date: | June 14
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 1.5%
|
Cusip: | 48133XSD9
|
|
© 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.