By Wendy Van Sickle
Columbus, Ohio, Feb. 3 – JPMorgan Chase Financial Co. LLC priced $1.25 million of 0% capped return enhanced notes due Feb. 14, 2018 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange.
The notes will be guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus triple any index gain, up to a maximum return of 20.25%.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Capped return enhanced notes
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| Underlying index: | Stoxx Europe 600
|
| Amount: | $1.25 million
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| Maturity: | Feb. 14, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 3 times any index gain, capped at 20.25%; exposure to any losses
|
| Initial index level: | 366.38
|
| Pricing date: | Jan. 27
|
| Settlement date: | Feb. 1
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 46646QWW1
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