By Taylor Fox
New York, Dec. 30 – JPMorgan Chase Financial Co. LLC priced $649,000 of 0% uncapped accelerated barrier notes due June 5, 2025 linked to the performance of the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes at or above its initial level, the payout at maturity will be par plus 1.08 times the return of the index.
If the index falls but finishes at or above the 65% barrier level, the payout will be par.
Otherwise, investors will be fully exposed to the decline of the index.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Uncapped accelerated barrier notes
|
| Underlying index: | MSCI EAFE index
|
| Amount: | $649,000
|
| Maturity: | June 5, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index finishes at or above its initial level, par plus 1.08 times the return of the index; if the index falls but finishes at or above the barrier level, par; otherwise, investors will be fully exposed to the decline of the index
|
| Initial index levels: | 2,123.54
|
| Barrier levels: | 1,380.301, 65% of initial levels
|
| Pricing date: | Dec. 16
|
| Settlement date: | Dec. 21
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 48132PX33
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
