By Susanna Moon
Chicago, May 11 – JPMorgan Chase Financial Co. LLC priced $730,000 of 0% capped buffered return enhanced notes due Oct. 31, 2019 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the fund finishes above its initial value, the payout at maturity will be par plus double the gain up to a maximum return of 13.5%.
Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond 10%.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Capped buffered return enhanced notes
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| Underlying fund: | iShares MSCI EAFE ETF
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| Amount: | $730,000
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| Maturity: | Oct. 31, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 2 times any fund gain, capped at 13.5%; par if fund falls by up to 10%; exposure to losses beyond 10%
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| Initial value: | $70.74
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| Pricing date: | April 30
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| Settlement date: | May 3
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| Agents: | J.P. Morgan Securities LLC
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| Fees: | 0.25%
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| Cusip: | 48129MHD1
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