By Marisa Wong
Morgantown, W.Va., May 7 – JPMorgan Chase Financial Co. LLC priced $1.17 million of 0% contingent buffered digital notes due April 22, 2022 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 gains, finishes flat or falls by up to 20%, the payout at maturity will be par plus 26.3%.
Otherwise, investors will lose 1% for each 1% decline.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Contingent buffered digital notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1.17 million
|
| Maturity: | April 22, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains, finishes flat or falls, par plus 26.3%; otherwise, 1% loss for each 1% decline
|
| Initial level: | 3,477.73
|
| Pricing date: | April 17
|
| Settlement date: | April 22
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.75%
|
| Cusip: | 48132CAX1
|
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