By Susanna Moon
Chicago, Sept. 8 – JPMorgan Chase Financial Co. LLC priced $1.35 million of capped buffered return enhanced notes due Sept. 5, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any index gain, up to a maximum return of 18.75%.
Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.
The notes are guaranteed by JPMorgan Chase & Co.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Capped buffered return enhanced notes
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| Underlying index: | Russell 2000
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| Amount: | $1.35 million
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| Maturity: | Sept. 5, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 200% of any index gain, capped at 18.75%; par if index declines by up to 10%; exposure to losses beyond 10%
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| Initial value: | 1,405.277
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| Pricing date: | Aug. 31
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| Settlement date: | Sept. 6
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.34611%
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| Cusip: | 46647MD34
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