By Taylor Fox
New York, Feb. 8 – JPMorgan Chase Financial Co. LLC priced $430,000 of 0% review notes due Jan. 11, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be automatically called at par plus a call premium of 10.3% per year if the index closes at or above its initial level on any annual call date.
If the notes are not called, meaning the index has closed below its initial level, investors will lose 1% for each 1% that the index declines from initial.
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: | Review notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $430,000
|
| Maturity: | Jan. 11, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If notes are not called, meaning the index has closed below its initial level, 1% loss for each 1% that index declines from initial level
|
| Call: | Automatically at par plus call premium of 10.3% per year if index closes at or above its initial level on an annual call date
|
| Initial level: | 3,611.08
|
| Pricing date: | Jan. 6
|
| Settlement date: | Jan. 11
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 48132RFC9
|
|
|
© 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.
