By Wendy Van Sickle
Columbus, Ohio, Aug. 20 – JPMorgan Chase Financial Co. LLC priced $1.47 million of 0% Performance Leveraged Upside Securities due Dec. 4, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 29.25%.
Investors will be exposed to any losses.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1,474,320
|
| Maturity: | Dec. 4, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain, capped at 29.25%; 1% loss for each 1% decline
|
| Initial level: | 3,359.08
|
| Pricing date: | Aug. 15
|
| Settlement date: | Aug. 20
|
| Agent: | J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 2.25%
|
| Cusip: | 48129N310
|
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