By Sarah Lizee
Olympia, Wash., July 5 – JPMorgan Chase Financial Co. LLC priced $5.03 million of 0% Performance Leveraged Upside Securities due Oct. 3, 2019 linked to the S&P MidCap 400 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 of $11.33 per PLUS.
Investors will lose 1% for every 1% decline.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | S&P MidCap 400 index
|
| Amount: | $5,026,250
|
| Maturity: | Oct. 3, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus triple any index gain, up to a maximum of $11.33 per PLUS; 1% loss for every 1% decline
|
| Initial level: | 1,951.67
|
| Pricing date: | June 29
|
| Settlement date: | July 7
|
| Agent: | J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 2.25%
|
| Cusip: | 48129N591
|
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