By Susanna Moon
Chicago, Sept. 11 – JPMorgan Chase Financial Co. LLC priced $7.85 million of 0% digital dual directional contingent buffered notes due March 6, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus the return up to a maximum return of 17.4%.
If the index falls by up to the 17.4% contingent buffer, the payout will be par plus the absolute value of the return.
Otherwise, investors will be fully exposed to any losses.
The notes are guaranteed by JPMorgan Chase & Co.
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: | Dual directional contingent buffered notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $7,853,000
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| Maturity: | March 6, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus return up to 17.4% cap; if index falls by up to 17.4%, par plus absolute return; otherwise, par plus return with full exposure to any losses
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| Initial level: | 3,443.88
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| Contingent buffer: | 17.4%
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| Pricing date: | Sept. 1
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| Settlement date: | Sept. 7
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.25%
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| Cusip: | 46647MV91
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