By Sarah Lizee
Olympia, Wash., April 2 – JPMorgan Chase Financial Co. LLC priced $20,000 more 0% uncapped buffered return enhanced notes due Sept. 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The issuer originally priced $195,000 of the notes on March 26. The additional notes bring the total issue size to $215,000.
If the underlying index finishes above its initial level, the payout at maturity will be par plus 1.3 times the gain.
If the asset falls by up to 15%, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline beyond the buffer.
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.
|
| Issue: | Uncapped buffered return enhanced notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $20,000
|
| Maturity: | Sept. 30, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.3 times any index gain; if asset falls by up to 15%, par; otherwise, 1% loss for each 1% decline beyond 15%
|
| Initial level: | 3,319.53
|
| Pricing date: | March 29 for additional notes, March 26 for original notes
|
| Settlement date: | April 2 for additional notes, March 29 for original notes
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2%
|
| Cusip: | 48130WG39
|
| Total issue size: | $215,000, including $195,000 original amount
|
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