By Wendy Van Sickle
Columbus, Ohio, Jan. 3 – JPMorgan Chase Financial Co. LLC sold $135,000 of 0% capped buffered return enhanced notes due Dec. 31, 2021 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus double any index gain, up to a maximum payout of par plus 18.25%.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
|
Guarantor: | JPMorgan Chase & Co.
|
Issue: | Capped buffered return enhanced notes
|
Underlying index: | Nasdaq-100
|
Amount: | $135,000
|
Maturity: | Dec. 31, 2021
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus double any index gain, capped at 18.25%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
|
Initial index level: | 8,770.979
|
Pricing date: | Dec. 27
|
Settlement date: | Jan. 2
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 0.74111%
|
Cusip: | 48132HDS8
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.