By Marisa Wong
Morgantown, W.Va., May 7 – JPMorgan Chase Financial Co. LLC priced $322,000 of 0% buffered digital notes due Nov. 4, 2019 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 finishes at or above its initial level, the payout at maturity will be par plus 18.25%.
If the index falls by up to 10%, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline beyond 10%.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Buffered digital notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $322,000
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| Maturity: | Nov. 4, 2019
|
| Coupon: | 0%
|
| Price: | Par of $1,000
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| Payout at maturity: | If the index finishes at or above its initial level, par plus 18.25%; if the index falls by up to 10%, par; otherwise, 1% loss for each 1% decline beyond 10%
|
| Initial value: | 3,536.52
|
| Pricing date: | April 30
|
| Settlement date: | May 3
|
| Agents: | J.P. Morgan Securities LLC
|
| Fees: | 0.25%
|
| Cusip: | 48129MKB1
|
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