By Marisa Wong
Morgantown, W.Va., Sept. 29 – JPMorgan Chase Financial Co. LLC priced $36,000 of 0% capped buffered equity notes due Sept. 25, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus any index gain, up to a maximum return of 40%.
Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
|
Guarantor: | JPMorgan Chase & Co.
|
Issue: | Capped buffered equity notes
|
Underlying index: | Russell 2000 index
|
Amount: | $36,000
|
Maturity: | Sept. 25, 2020
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain, up to a maximum return of 40%; par if the index falls by up to 10%; 1% loss for each 1% decline beyond 10%
|
Initial level: | 1,450.781
|
Pricing date: | Sept. 22
|
Settlement date: | Sept. 29
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 0.25%
|
Cusip: | 46647MW74
|
|
© 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.