By Wendy Van Sickle
Columbus, Ohio, March 8 – JPMorgan Chase Financial Co. LLC priced $3.35 million of 0% capped enhanced participation equity notes due Sept. 7, 2018 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.
The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,262 per $1,000 principal amount of notes.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Capped enhanced participation equity notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $3,345,000
|
| Maturity: | Sept. 7, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus double any index gain, capped at 26.2%; exposure to any losses
|
| Initial index level: | 1,758.48
|
| Pricing date: | March 2
|
| Settlement date: | March 9
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.33%
|
| Cusip: | 46646QLP8
|
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