By Tali Rackner
Minneapolis, July 11 – JPMorgan Chase Financial Co. LLC priced $507,000 of capped buffered return enhanced notes due Oct. 7, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index closes at or above its initial value, the payout at maturity will be par plus 2.5 times any gain up to a maximum payout of $1,250 per $1,000 principal amount.
If the index declines by up to 5%, the payout will be par. Investors will be exposed to any losses beyond 5%.
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 buffered return enhanced notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $507,000
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| Maturity: | Oct. 7, 2019
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| Coupon: | 0%
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| Price: | Par of $1,000
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| Payout at maturity: | Par plus 2.5 times any index gain, up to a maximum return of par plus 25%.; par if index declines by up to 5%; otherwise, exposure to losses beyond 5%
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| Initial value: | 3,372.21
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| Pricing date: | July 2
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| Settlement date: | July 6
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| Agents: | J.P. Morgan Securities LLC
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| Fees: | None
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| Cusip: | 48129M4H6
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