By Wendy Van Sickle
Columbus, Ohio, Jan. 30 – JPMorgan Chase Financial Co. LLC priced $10.56 million of 0% capped gears due March 29, 2018 linked to the Russell 2000 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 of $10 plus triple any index gain, up to a maximum return of 15%.
Investors will be fully exposed to any index decline.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Capped gears
|
| Underlying index: | Russell 2000
|
| Amount: | $10,561,790
|
| Maturity: | March 29, 2018
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 3 times any index gain, capped at 15%; full exposure to any losses
|
| Initial level: | 1,375.595
|
| Pricing date: | Jan. 26
|
| Settlement date: | Jan. 31
|
| Agents: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 2%
|
| Cusip: | 48128P373
|
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