New Issue: JPMorgan prices $1.1 million buffered digital notes linked to S&P, Nasdaq, Dow

New York, May 13 – JPMorgan Chase Financial Co. LLC priced $1.1 million of 0% buffered digital notes due Nov. 16, 2022 linked to the S&P 500 index, the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or ends above its 15% buffer the payout at maturity will be par plus 4.55%. Investors will lose of any decline in the worst performing index beyond its buffer.

The notes are non-callable.

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:	Buffered digital notes
Underlying indexes:	S&P 500 index, Nasdaq-100 index and Dow Jones industrial average
Amount:	$1.1 million
Maturity:	Nov. 16, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains or declines but by no more than 15% buffer, par plus 4.55%; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial level:	32,160.74 for Dow Jones industrial average, 12,345.86 for Nasdaq-100, 4,001.05 for S&P 500
Buffer:	15%
Call:	Non-callable
Pricing date:	May 10
Settlement date:	May 13
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48133FT47

© 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.