By Wendy Van Sickle
Columbus, Ohio, April 12 – JPMorgan Chase Financial Co. LLC priced $5.37 million of 0% Performance Leveraged Upside Securities due July 5, 2018 linked to the WisdomTree Japan Hedged Equity Fund, according to a 424B2 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 fund gain, up to a maximum payout of $11.95 per PLUS.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Gurantor: | JPMorgan Chase & Co.
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| Issue: | Performance Leveraged Upside Securities
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| Underlying index: | WisdomTree Japan Hedged Equity Fund
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| Amount: | $5,367,110
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| Maturity: | July 5, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus triple any fund gain, capped at 19.5%; exposure to any losses
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| Initial level: | $50.62
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| Pricing date: | March 31
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| Settlement date: | April 5
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| Agent: | J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
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| Fees: | 2.25%
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| Cusip: | 48129F663
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