New Issue: JPMorgan prices $1.19 million buffered digital notes linked to S&P, Russell, Nasdaq

New York, May 23 – JPMorgan Chase Financial Co. LLC priced $1.19 million of 0% buffered digital notes due Feb. 24, 2023 linked to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index finishes at or above the 80% buffer, the payout at maturity will be par plus 6.7%. Investors will lose of any decline in the worst performing index beyond its buffer.

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, Russell 2000 index and Nasdaq-100 index
Amount:	$1.19 million
Maturity:	Feb. 24, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index finishes at or above buffer, par plus 6.7%; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial level:	11,928.31 for Nasdaq-100, 1,774.846 for Russell 2000, 3,923.68 for S&P 500
Buffer level:	80%
Pricing date:	May 18
Settlement date:	May 23
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48133GCM3

© 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.