By Marisa Wong
Morgantown, W.Va., June 13 – JPMorgan Chase Financial Co. LLC priced $19.09 million of 0% trigger Performance Leveraged Upside Securities due June 5, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index return is positive, the payout at maturity will be par of $10 plus 225% of the index return.
If the index declines by 35% or less, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline below the initial level.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Trigger Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $19,093,620
|
| Maturity: | June 5, 2023
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index return is positive, par of $10 plus 225% of the index return; if index declines by 35% or less, par; otherwise, 1% loss for every 1% decline below the initial level
|
| Initial level: | 3,554.59
|
| Pricing date: | May 31
|
| Settlement date: | June 5
|
| Agent: | J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 3.5%
|
| Cusip: | 48129F259
|
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