New York, March 27 – JPMorgan Chase Financial Co. LLC priced $1.40 million of autocallable contingent interest notes due Feb. 26, 2026 linked to the common stock of Tesla, Inc., according to a 424B2 filing with the Securities and Exchange Commission.
Investors will receive a coupon of 18%, paid monthly, if the stock closes at or above its 60% coupon barrier on the related valuation date.
The securities will be called automatically at par if the closing price of the underlying stock is greater than or equal to its initial price on any monthly review date starting June 21.
At maturity, the payout will be par unless the stock finishes below its 50% trigger level, in which case investors will be fully exposed to the decline of the stock.
The notes are guaranteed by JPMorgan Chase & Co.
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: | Autocallable contingent interest notes
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Underlying stock: | Tesla, Inc. (Ticker: TSLA)
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Amount: | $1,397,000
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Maturity: | Feb. 26, 2026
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Coupon: | 18%, paid monthly, if the stock closes at or above its 60% coupon barrier on the related valuation date
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Price: | Par
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Payout at maturity: | Par unless the stock finishes below its trigger level, in which case investors will be fully exposed to the decline in the stock
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Call: | Automatically at par if the closing price of the underlying stock is greater than or equal to its initial price on any monthly review date starting June 21
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Initial level: | $172.82
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Trigger level: | $86.41, 50% of initial level
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Coupon barrier: | $103.692, 60% of initial level
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Pricing date: | March 21
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Settlement date: | March 26
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.6%
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Cusip: | 48134WW37
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