By Susanna Moon
Chicago, Sept. 22 – JPMorgan Chase Financial Co. LLC priced $2.99 million of 0% Performance Leveraged Upside Securities due Jan. 3, 2019 linked to the Euro Stoxx 50 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 of $10 plus triple any index gain, up to a maximum payment of $12.24 per PLUS.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $2,987,040
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| Maturity: | Jan. 3, 2019
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 300% of the index return, capped at 22.4%; 1% loss for each 1% decline
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| Initial level: | 3,515.55
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| Pricing date: | Sept. 15
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| Settlement date: | Sept. 20
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.75%
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| Cusip: | 48129J681
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