By Susanna Moon
Chicago, April 24 – JPMorgan Chase Financial Co. LLC priced $837,000 of 0% digital notes due Oct. 3, 2019 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above 90% of its initial level, the payout at maturity will be the threshold settlement amount of $1,113.80 for each $1,000 principal amount.
Otherwise, investors will lose 1.1111% for each 1% decline beyond 10%.
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: | Digital equity notes
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| Underlying index: | MSCI EAFE
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| Amount: | $837,000
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| Maturity: | Oct. 3, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above 90% threshold, par plus 11.38%; otherwise, 1.1111% loss per 1% drop beyond 10%
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| Initial level: | 2,050.60
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| Barrier level: | 90% of initial level
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| Pricing date: | April 17
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| Settlement date: | April 24
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | None
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| Cusip: | 48129MMM5
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