By Susanna Moon
Chicago, Sept. 28 – JPMorgan Chase Financial Co. LLC priced $5.05 million of 0% capped dual directional contingent buffered equity notes due March 27, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus the gain up to a maximum return of 18.25%.
If the index falls by up to the 18.25% contingent buffer, the payout will be par plus the absolute value of the return.
Otherwise, investors will be fully exposed to any losses.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Capped dual directional contingent buffered equity notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $5,047,000
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| Maturity: | March 27, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus return up to cap of 18.25%; if index falls by up to 18.25%, par plus absolute return; otherwise, par plus return with full exposure to any losses
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| Initial level: | 3,541.42
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| Contingent buffer: | 18.25%
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| Pricing date: | Sept. 22
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| Settlement date: | Sept. 27
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.25%
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| Cusip: | 48129HAF4
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