New Issue: JPMorgan prices $1.54 million notes linked to Stoxx index, EAFE ETF

Chicago, May 8 – JPMorgan Chase Financial Co. LLC priced $1.54 million of 0% notes due Jan. 31, 2025 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final level of each underlier is greater than or equal to its initial level, the payout at maturity will be par plus 1.01 times the return of the laggard underlier.

Otherwise, investors will lose 1% for every 1% decline of the laggard underlier to a minimum return of 95% of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying assets:	Euro Stoxx 50 index, iShares MSCI EAFE ETF
Amount:	$1,539,000
Maturity:	Jan. 31, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier finishes at or above initial level, par plus 1.01 times return of least performing underlier; otherwise, lose 1% for each 1% decline of the laggard underlier to a minimum payout of 95% of par
Initial levels:	$73.62 for ETF, 4,359.31 for index
Pricing date:	April 28
Settlement date:	May 3
Agent:	J.P. Morgan Securities LLC
Fees:	0.50387%
Cusip:	48133VTR1

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.