New York, March 1 – JPMorgan Chase Financial Co. LLC priced $4.53 million of yield notes due Feb. 26, 2026 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Investors will receive a coupon of 5.55%, paid quarterly.
If the index finishes at or above 85% of its initial level, the payout at maturity will be par plus the fixed coupon.
Otherwise, investors will lose 1% for each 1% decline in the index beyond 15%.
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: | Yield notes
|
Underlying index: | Russell 2000 index
|
Amount: | $4,525,000
|
Maturity: | Feb. 26, 2026
|
Coupon: | 5.55%, paid quarterly
|
Price: | Par
|
Payout at maturity: | If index finishes at or above 85% of initial level, par; otherwise, 1% loss for every 1% that index declines beyond 15%
|
Initial level: | 1,908.093
|
Buffer: | 15%
|
Pricing date: | Feb. 23
|
Settlement date: | Feb. 28
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 2.75%
|
|
Cusip: | 48133T6V2
|
|
|
© 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.