By Marisa Wong
Morgantown, W.Va., March 13 – JPMorgan Chase Financial Co. LLC priced $3 million of 0% capped return enhanced notes due July 12, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus triple any index gain, up to a maximum return of 35.55%.
Investors will be exposed to any losses.
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: | Capped return enhanced notes
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Underlying index: | Euro Stoxx 50
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Amount: | $3 million
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Maturity: | July 12, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 3 times any index gain, capped at 35.55%; exposure to any losses
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Initial index level: | 3,389.62
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Pricing date: | March 8
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Settlement date: | March 13
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Agent: | J.P. Morgan Securities LLC
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Fees: | 1.16%
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Cusip: | 46646QT88
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