By Tali Rackner
Minneapolis, July 11 – JPMorgan Chase Financial Co. LLC priced $4.71 million of 0% enhanced participation equity notes due July 7, 2021 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 return is positive, the payout at maturity will be par plus 3.36 times the index return.
If the index return is negative, investors will lose 1% for each 1% decline of the index from its initial level.
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: | Enhanced participation equity notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $4,714,000
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| Maturity: | July 7, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus 3.36 times any index gain; otherwise, exposure to any losses
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| Initial index level: | 3,372.21
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| Pricing date: | July 2
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| Settlement date: | July 10
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 3.2%
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| Cusip: | 48129M5C6
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