By Wendy Van Sickle
Columbus, Ohio, Oct. 4 – JPMorgan Chase Financial Co. LLC priced $159,000 of 0% capped buffered return enhanced notes due Sept. 28, 2018 linked to the FTSE 100 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 plus 200% of any index gain, up to a maximum return of 29%.
Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Capped buffered return enhanced notes
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| Underlying index: | FTSE 100
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| Amount: | $159,000
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| Maturity: | Sept. 28, 2018
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| Coupon: | 0%
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| Price: | Par of $1,000
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 29%; par if index declines by 10% or less; 1% loss for each 1% decline beyond 10%
|
| Initial level: | 6,807.67
|
| Pricing date: | Sept. 27
|
| Settlement date: | Sept. 30
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.43396%
|
| Cusip: | 46646EXB3
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