New York, May 12 – JPMorgan Chase Financial Co. LLC priced $34.82 million of 0% capped enhanced participation notes due Nov. 15, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
If the basket return is positive, the payout at maturity will be par plus five times the index return, subject to a maximum payout of $1,250.00 per $1,000 of notes.
If the basket return is negative, investors will lose 1% for each 1% decline.
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 enhanced participation basket-linked notes
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| Underlying indexes: | Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
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| Amount: | $34.82 million
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| Maturity: | Nov. 15, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If basket return is positive, par plus five times the return, up to maximum settlement amount of $1,250.00 per $1,000 of notes; if basket return is negative, 1% loss for each 1% decline
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| Pricing date: | May 10
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| Settlement date: | May 17
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.33%
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| Cusip: | 46647MCB7
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