By Sarah Lizee
Olympia, Wash., Sept. 11 – JPMorgan Chase Financial Co. LLC priced $100,000 of 0% capped buffered equity notes due Sept. 9, 2022 linked to the S&P 500 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 plus any index gain, capped at par plus 14.5%.
Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Capped buffered equity notes
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| Underlying index: | S&P 500
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| Amount: | $100,000
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| Maturity: | Sept. 9, 2022
|
| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | Par plus any index gain, capped at par plus 14.5%; par if index falls by up to 20%; 1% loss for every 1% decline beyond 20%
|
| Initial level: | 3,426.96
|
| Buffer level: | 80% of initial level
|
| Pricing date: | Sept. 4
|
| Settlement date: | Sept. 10
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 48132MH87
|
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