Chicago, Feb. 28 – JPMorgan Chase Financial Co. LLC priced $190,000 of 0% contingent buffered digital notes due Aug. 26, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the underlying index gains or finishes above 75% of its initial level, the payout at maturity will be par plus 8.4%.
Otherwise, investors will lose 1% for each 1% decline.
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.
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| Issue: | Contingent buffered digital notes
|
| Underlying index: | Euro Stoxx 50
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| Amount: | $190,000
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| Maturity: | Aug. 26, 2020
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If asset gains or finishes above 75% of initial level, par plus 8.4%; otherwise, 1% loss for each 1% decline
|
| Initial level: | 3,263.70
|
| Contingent buffer: | 25%
|
| Pricing date: | Feb. 21
|
| Settlement date: | Feb. 28
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 48130W2S9
|
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