By Wendy Van Sickle
Columbus, Ohio, Jan. 18 – JPMorgan Chase Financial Co. LLC priced $4.16 million of 0% trigger Performance Leveraged Upside Securities due July 19, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus 150% of the index gain.
If the index falls by up to 25%, the payout will be par.
If the index finishes below its 75% trigger level, investors will lose 1% for each 1% decline.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Trigger Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $4.16 million
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| Maturity: | July 19, 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 150% of return; if index declines by 25% or less, par; otherwise, 1% loss for each 1% decline
|
| Initial level: | 3,622.01
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| Trigger level: | 2,716.5075, 75% of initial level
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| Pricing date: | Jan. 16
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| Settlement date: | Jan. 19
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| Agent: | J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 1.17%
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| Cusip: | 48129K332
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