New York, Nov. 27 - JPMorgan Chase & Co. priced $1.29 million of 0% notes due Nov. 29, 2019 linked to the JPMorgan ETF Efficiente 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 140% of any index gain.
If the index falls, the payout will be par.
The level of the index reflects a deduction of a fee of 0.5% per year that accrues daily.
J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Notes
|
| Underlying index: | JPMorgan ETF Efficiente 5
|
| Amount: | $1,288,000
|
| Maturity: | Nov. 29, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 140% of index gain, floor of par
|
| Initial index level: | 119.90
|
| Pricing date: | Nov. 25
|
| Settlement date: | Nov. 29
|
| Agent: | J.P. Morgan Securities LLC and UBS Financial Services Inc.
|
| Fees: | 3.5%
|
| Cusip: | 48126NZZ3
|
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