New Issue: JPMorgan sells $2.75 million capped buffered return enhanced notes on MSCI EAFE

By Kiku Steinfeld

Chicago, Feb. 8 – JPMorgan Chase Financial Co. LLC priced $2.75 million of capped buffered return enhanced notes due March 3, 2022 linked to 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 return is positive, the payout at maturity will be par plus 1.5 times any gain, capped at par plus 8.85%.

If the index declines by up to 10%, the payout will be par. Investors will lose 1% for each 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying index:	MSCI EAFE index
Amount:	$2,746,000
Maturity:	March 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, the payout at maturity will be par plus 1.5 times any gain, capped at par plus 8.85%; if the index declines by up to 10%, the payout will be par; investors will lose 1% for each 1% decline beyond 10%
Initial level:	2,170.28
Buffer level:	90% of initial level
Pricing date:	Jan. 27
Settlement date:	Feb. 1
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48132RPD6

© 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.