By Wendy Van Sickle
Columbus, Ohio, Jan. 2 – JPMorgan Chase Financial Co. LLC priced $4.63 million of 0% capped gears due Feb. 28, 2020 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 triple any index gain, up to a maximum return of 18.15%.
Investors will lose 1% for each 1% decline.
The notes are guaranteed by JPMorgan Chase & Co.
UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Capped gears
|
| Underlying index: | Russell 2000
|
| Amount: | $4,632,910
|
| Maturity: | Feb. 28, 2020
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 3 times any index gain, capped at 18.15%; 1% loss per 1% decline
|
| Initial level: | 1,329.811
|
| Pricing date: | Dec. 26
|
| Settlement date: | Dec. 31
|
| Agents: | UBS Financial Services Inc. and J.P. Morgan Securities LLC
|
| Fees: | 2%
|
| Cusip: | 48130V178
|
|
|
© 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.
