New Issue: JPMorgan sells $275,000 digital barrier notes on S&P, Russell

Chicago, Dec. 10 – JPMorgan Chase Financial Co. LLC priced $275,000 of 0% digital barrier notes due May 5, 2022 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If both indexes finish at or above their 75% barrier levels, the payout at maturity will be par plus 8.25%.

Otherwise, investors will be fully exposed to the decline of the least performing index from its initial level.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital barrier notes
Underlying indexes:	S&P 500 and Russell 2000 index
Amount:	$275,000
Maturity:	May 5, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If both indexes finish at or above 75% barrier levels, par plus 8.25% digital return; otherwise, full exposure to the decline of the worst performing index from its initial level
Initial levels:	2,220.519 for Russell and 3,972.89 for S&P
Barrier level:	1,665.38925 for Russell and 2,979.6675 for S&P; 75% of initial levels
Pricing date:	March 31
Settlement date:	April 6
Agent:	J.P. Morgan Securities LLC
Fees:	0.37727%
Cusip:	48132RM72

© 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.