New Issue: JPMorgan prices $525,000 uncapped accelerated barrier notes linked to MerQube US Tech+

New York, July 28 – JPMorgan Chase Financial Co. LLC priced $525,000 of 0% uncapped accelerated barrier notes due July 24, 2026 linked to the MerQube US Tech+ Vol Advantage index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains the payout at maturity will be par plus 200% of the return of the index. The payout will be par if the index declines but finishes above its 62% barrier. Investors will lose 1% for every 1% that the index declines if it closes below its barrier.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped accelerated barrier notes
Underlying index:	MerQube US Tech+ Vol Advantage index
Amount:	$525,000
Maturity:	July 24, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains par plus 200% of index return; par if index declines but finishes above its downside barrier; 1% loss for every 1% that index declines if it finishes below its downside barrier
Initial level:	8,863.54
Upside leverage:	200%
Cap:	None
Barrier:	5,495.3948, 62% of initial level
Pricing date:	July 21
Settlement date:	July 25
Agent:	J.P. Morgan Securities LLC
Fees:	5%
Cusip:	48133YHF4

© 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.