By Marisa Wong
Morgantown, W.Va., Sept. 8 – JPMorgan Chase Financial Co. LLC priced $9.39 million of 0% capped gears due Oct. 31, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index return is greater than zero, the payout at maturity will be par of $10 plus 3 times the index return, subject to a maximum gain of 18.8%.
Investors will be fully exposed to losses.
UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Capped gears
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $9,392,470
|
| Maturity: | Oct. 31, 2018
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If the index return is greater than zero, par plus 3 times the index return, subject to maximum gain of 18.8%; full exposure to losses
|
| Initial level: | 3,388.22
|
| Pricing date: | Aug. 29
|
| Settlement date: | Aug. 31
|
| Agents: | UBS Financial Services Inc. and J.P. Morgan Securities LLC
|
| Fees: | 2%
|
| Cusip: | 48129J806
|
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