New Issue: JPMorgan prices $3.27 million capped buffered equity notes linked to Russell 2000

New York, Feb. 14 – JPMorgan Chase Financial Co. LLC priced $3.27 million of 0% capped buffered equity notes due March 14, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus the return of the index, capped at par plus 15.15%.

The payout will be par if the index declines by no more than 20%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.

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:	Capped buffered equity notes
Underlying index:	Russell 2000 index
Amount:	$3,272,000
Maturity:	March 14, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus index return, capped at par plus 15.15%; par if index declines by no more than 20%; otherwise, 1% loss for every 1% that index declines beyond 20%
Initial level:	1,915.339
Cap:	15.15%
Buffer:	20%
Pricing date:	Feb. 9
Settlement date:	Feb. 14
Agent:	J.P. Morgan Securities LLC
Fees:	0%
Cusip:	48133T6G5

© 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.