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Published on 12/31/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $246,000 notes tied to basket of S&P 500, Euro Stoxx

By Sarah Lizee

Olympia, Wash., Dec. 31 – JPMorgan Chase Financial Co. LLC priced $246,000 of 0% notes due Dec. 29, 2023 linked to an equally weighted basket consisting of the S&P 500 index and Euro Stoxx 50 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 118% of the basket return, subject to a minimum payout of par.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Notes
Underlying basket:S&P 500 index, Euro Stoxx 50 index; equally weighted
Amount:$246,000
Maturity:Dec. 29, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 118% of basket return, subject to floor of par
Initial values:2,488.83 for S&P and 2,937.36 for Stoxx
Pricing date:Dec. 27
Settlement date:Jan. 2
Agent:J.P. Morgan Securities LLC
Fees:0.76423%
Cusip:48130WHM6

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