By Susanna Moon
Chicago, April 23 – JPMorgan Chase Financial Co. LLC priced $1.1 million of 0% digital dual directional contingent buffered notes due July 19, 2019 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes at or above its 80% threshold level, the payout at maturity will be par plus the digital return of 12.5%.
If the index falls by more than the 20% contingent buffer, investors will lose 1% for each 1% decline.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Digital dual directional contingent buffered notes
|
| Underlying index: | Euro Stoxx Banks
|
| Amount: | $1.1 million
|
| Maturity: | July 19, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains or falls by up to 20%, par plus 12.5%, otherwise, investors will lose 1% for each 1% decline
|
| Initial level: | 128
|
| Contingent buffer: | 20%
|
| Pricing date: | April 16
|
| Settlement date: | April 19
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 48129MNJ1
|
|
|
|
|
|
|
|
|
© 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.
