By Marisa Wong
Morgantown, W.Va., June 6 – JPMorgan Chase Financial Co. LLC priced $955,000 of uncapped buffered return enhanced notes due Nov. 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index closes at or above its initial value, the payout at maturity will be par plus 2.15 times any gain.
If the index declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.
The agent is J.P. Morgan Securities LLC.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Uncapped buffered return enhanced notes
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Underlying index: | Euro Stoxx 50
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Amount: | $955,000
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Maturity: | Nov. 30, 2020
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Coupon: | 0%
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Price: | Par of $1,000
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Payout at maturity: | Par plus 2.15 times return of index; par if index declines by up to 10%; exposure to losses beyond 10%
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Initial value: | 3,406.65
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Pricing date: | May 31
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Settlement date: | June 5
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.25%
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Cusip: | 48129MPE0
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