New Issue: JPMorgan prices $1.72 million buffered digital notes linked to Russell, S&P, iShares ETF

New York, Oct. 20 – JPMorgan Chase Financial Co. LLC priced $1.72 million of 0% buffered digital notes due Jan. 2, 2025 linked to the Russell 2000 index, the S&P 500 index and the iShares S&P 500 Value ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset finishes at or above 75% of initial level, the payout at maturity will be par plus 10.7%.

Otherwise, investors will lose 1.33333% for every 1% the worst performing asset declines beyond 25%.

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:	Buffered digital notes
Underlying assets:	Russell 2000 index, S&P 500 index and iShares S&P 500 Value ETF
Amount:	$1,719,000
Maturity:	Jan. 2, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing asset finishes at or above 75% of initial level, par plus 10.7%; otherwise, lose 1.33333% for every 1% the worst performing asset declines beyond 25%
Initial levels:	1,719.711 for Russell 2000, 4,327.78 for S&P 500, $153.40 for iShares S&P 500 Value ETF
Buffer:	25%
Pricing date:	Oct. 13
Settlement date:	Oct. 18
Agent:	J.P. Morgan Securities LLC
Fees:	0.3%
Cusip:	48134BA52

© 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.