By Sarah Lizee
Olympia, Wash., Sept. 2 – JPMorgan Chase Financial Co. LLC priced $56,000 of 0% notes due March 5, 2025 linked to the J.P. Morgan Balanced Value Dividends 5 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes above its initial level, the payout at maturity will be par plus 1.05 times the index gain.
If the index finishes flat or falls, the payout will be par plus the return, subject to a minimum payout of 95% of par.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
|
Guarantor: | JPMorgan Chase & Co.
|
Issue: | Notes
|
Underlying index: | J.P. Morgan Balanced Value Dividends 5 index
|
Amount: | $56,000
|
Maturity: | March 5, 2025
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If the index finishes above its initial level, par plus 1.05 times the index gain; if the index finishes flat or falls, par plus the return, subject to a minimum payout of 95% of par
|
Initial level: | 210.9
|
Pricing date: | Aug. 31
|
Settlement date: | Sept. 3
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 0.68304%
|
Cusip: | 48132M2F7
|
|
© 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.