By Wendy Van Sickle
Columbus, Ohio, March 6 – JPMorgan Chase Financial Co. LLC priced $16,000 of 0% notes due March 5, 2021 linked to the S&P Economic Cycle Factor Rotator index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus 120% of the index return if the index return is above its initial value.
Investors will be exposed to any decline, subject to a minimum payout of 90% of par.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
|
Guarantor: | JPMorgan Chase & Co.
|
Issue: | Notes
|
Underlying index: | S&P Economic Cycle Factor Rotator index
|
Amount: | $16,000
|
Maturity: | March 5, 2021
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 120% of index return if index return is positive; investors will be exposed to any decline, subject to a minimum payout of 90% of par
|
Initial level: | 369.059
|
Pricing date: | Feb. 28
|
Settlement date: | March 4
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 0.6%
|
Cusip: | 48132H4N9
|
|
© 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.