New Issue: JPMorgan prices $2.07 million capped buffered equity notes linked to S&P 500

New York, June 7 – JPMorgan Chase Financial Co. LLC priced $2.07 million of 0% capped buffered equity notes due June 4, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus the return of the index, capped at par plus 36%.

The payout will be par if the index declines by no more than 40%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 40%.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered equity notes
Underlying index:	S&P 500 index
Amount:	$2,065,000
Maturity:	June 4, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus index return, capped at par plus 36%; par if index declines by no more than 40%; otherwise, 1% loss for every 1% that index declines beyond 40%
Initial level:	4,221.02
Cap:	36%
Buffer:	40%
Pricing date:	June 1
Settlement date:	June 6
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48133WWP9

© 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.