New Issue: JPMorgan prices $535,000 uncapped buffered return enhanced notes on S&P, Russell, Dow

Chicago, March 16 – JPMorgan Chase Financial Co. LLC priced $535,000 of 0% uncapped buffered return enhanced notes due March 6, 2025 linked to the least performing of the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index gains, the payout at maturity will be par plus 1.3855 times the return of the least-performing index.

If either index finishes flat or falls by up to 25% of its initial level, the payout will be par.

If either index falls by more than 25%, investors will lose 1% for every 1% that the least-performing index declines beyond the 25% 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 indexes:	Dow Jones industrial average, S&P 500 and Russell 2000
Amount:	$535,000
Maturity:	March 6, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 1.3855 times return of least-performing index; par if either index finishes flat or falls up to 25% of initial level; 1% loss for every 1% that least-performing index declines beyond 25%
Initial levels:	26,703.32 for Dow, 1,518.491 for Russell 2000 and 3,090.23 for S&P 500
Buffer levels:	75% of initial levels
Pricing date:	March 2
Settlement date:	March 5
Agent:	J.P. Morgan Securities LLC
Fees:	1.08995%
Cusip:	48132HH88

© 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.