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Published on 9/20/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $5 million trigger in-digital notes due 2019 on Stoxx

By Sarah Lizee

Olympia, Wash., Sept. 20 – JPMorgan Chase Financial Co. LLC priced $5 million of 0% trigger in-digital notes due Nov. 21, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final index level is greater than or equal to the barrier level, 80% of the initial level, the payout at maturity will be par of $10 plus 8.5%. If the final level is less than the barrier level, investors will be fully exposed to the index decline.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Trigger in-digital notes
Underlying index:Euro Stoxx 50 index
Amount:$5 million
Maturity:Nov. 21, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If final index level is greater than or equal to the barrier level, par plus 8.5%; if the final level is less than the barrier level, full exposure to index decline
Initial level:3,358.46
Barrier level:2,686.77, 80% of initial level
Pricing date:Sept. 18
Settlement date:Sept. 21
Agents:UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:None
Cusip:48130V699

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