New Issue: JPMorgan prices $580,000 dual directional trigger participation securities tied to Nasdaq

Chicago, June 27 – JPMorgan Chase Financial Co. LLC priced $580,000 of 0% dual directional trigger participation securities due Sept. 5, 2024 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus the return of the index subject to a maximum return of par plus 25.5%. Investors will receive par plus the absolute value of the index return if the index declines but ends at or above its 90% trigger and will lose 1% for every 1% that the index declines if it finishes below its trigger.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management will act as distributor.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Dual directional trigger participation securities
Underlying index:	Nasdaq-100 index
Amount:	$580,000
Maturity:	Sept. 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains par plus index return subject to a maximum return of par plus 25.5%; par plus absolute value of index return if index declines but ends at or above the 90% trigger; 1% loss for every 1% that index declines if it finishes below its trigger
Initial levels:	14,254.09
Trigger level:	12,828.681, 90% of initial level
Cap:	25.5%
Pricing date:	May 31
Settlement date:	June 5
Agent:	J.P. Morgan Securities LLC
Distributor:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	48133WNW4

© 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.