We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
JP Morgan Chase and Co | NYSE:JPM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.86 | -0.45% | 190.80 | 192.529 | 188.46 | 192.00 | 8,922,779 | 01:00:00 |
September 21, 2016
|
Registration Statement Nos. 333-209682 and 333-209682-01; Rule 424(b)(2)
|
JPMorgan Chase Financial Company LLC
Structured Investments
$10,000,000
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of the S&P 500
®
Index and the Russell 2000
®
Index due September 26, 2023
Fully and Unconditionally Guaranteed by JPMorgan Chase & Co.
·
The notes are designed for investors who seek a Contingent Interest Payment with respect to each monthly Interest Review Date for which the closing level of each of the S&P 500
®
Index and the Russell 2000
®
Index, which we refer to as the Indices, is greater than or equal to 70.00% of its Initial Value, which we refer to as an Interest Barrier.
·
The notes will be automatically called if the closing level of each Index on any quarterly Autocall Review Date is greater than or equal to its Initial Value
.
·
The earliest date on which an automatic call may be initiated is September 21, 2018
.
·
Investors in the notes should be willing to accept the risk of losing some or all of their principal and the risk that no Contingent Interest Payment may be made with respect to some or all Interest Review Dates.
·
Investors should also be willing to forgo fixed interest and dividend payments, in exchange for the opportunity to receive Contingent Interest Payments.
·
The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, which we refer to as JPMorgan Financial, the payment on which is fully and unconditionally guaranteed by JPMorgan Chase & Co.
Any payment on the notes is subject to the credit risk of JPMorgan Financial, as issuer of the notes, and the credit risk of JPMorgan Chase & Co., as guarantor of the notes
.
·
Payments on the notes are not linked to a basket composed of the Indices. Payments on the notes are linked to the performance of each of the Indices individually, as described below.
·
Minimum denominations of $1,000 and integral multiples thereof
·
The notes priced on September 21, 2016 and are expected to settle on or about September 26, 2016.
·
CUSIP:
46646ED90
|
Issuer:
JPMorgan Chase Financial Company LLC
Guarantor:
JPMorgan Chase & Co.
Indices:
The S&P 500
®
Index (Bloomberg ticker: SPX) and the Russell 2000
®
Index (Bloomberg ticker: RTY)
Contingent Interest Payments:
If the notes have not been automatically called and the closing level of each Index on any Interest Review Date is greater than or equal to its Interest Barrier, you will receive on the applicable Interest Payment Date for each $1,000 principal amount note a Contingent Interest Payment equal to $6.6667 (equivalent to a Contingent Interest Rate of 8.00% per annum, payable at a rate of 0.66667% per month).
If the closing level of either Index on any Interest Review Date is less than its Interest Barrier, no Contingent Interest Payment will be made with respect to that Interest Review Date.
Contingent Interest Rate:
8.00% per annum, payable at a rate of 0.66667% per month
Interest Barrier:
With respect to each Index, 70.00% of its Initial Value, which is 1,514.184 for the S&P 500
®
Index and 871.528 for the Russell 2000
®
Index
Trigger Value:
With respect to each Index, 60.00% of its Initial Value, which is 1,297.872 for the S&P 500
®
Index and 747.024 for the Russell 2000
®
Index
Pricing Date:
September 21, 2016
Original Issue Date (Settlement Date):
On or about September 26, 2016
Interest Review Dates*:
October 21, 2016, November 21, 2016, December 21, 2016, January 23, 2017, February 21, 2017, March 21, 2017, April 21, 2017, May 22, 2017, June 21, 2017, July 21, 2017, August 21, 2017, September 21, 2017, October 23, 2017, November 21, 2017, December 21, 2017, January 22, 2018, February 21, 2018, March 21, 2018, April 23, 2018, May 21, 2018, June 21, 2018, July 23, 2018, August 21, 2018, September 21, 2018, October 22, 2018, November 21, 2018, December 21, 2018, January 22, 2019, February 21, 2019, March 21, 2019, April 22, 2019, May 21, 2019, June 21, 2019, July 22, 2019, August 21, 2019, September 23, 2019, October 21, 2019, November 21, 2019, December 23, 2019, January 21, 2020, February 21, 2020, March 23, 2020, April 21, 2020, May 21, 2020, June 22, 2020, July 21, 2020, August 21, 2020, September 21, 2020, October 21, 2020, November 23, 2020, December 21, 2020, January 21, 2021, February 22, 2021, March 22, 2021, April 21, 2021, May 21, 2021, June 21, 2021, July 21, 2021, August 23, 2021, September 21, 2021, October 21, 2021, November 22, 2021, December 21, 2021, January 21, 2022, February 22, 2022, March 21, 2022, April 21, 2022, May 23, 2022, June 21, 2022, July 21, 2022, August 22, 2022, September 21, 2022, October 21, 2022, November 21, 2022, December 21, 2022, January 23, 2023, February 21, 2023, March 21, 2023, April 21, 2023, May 22, 2023, June 21, 2023, July 21, 2023, August 21, 2023 and September 21, 2023 (the “final Review Date”)
Autocall Review Dates*:
September 21, 2018, December 21, 2018, March 21, 2019, June 21, 2019, September 23, 2019, December 23, 2019, March 23, 2020, June 22, 2020, September 21, 2020, December 21, 2020, March 22, 2021, June 21, 2021, September 21, 2021, December 21, 2021, March 21, 2022, June 21, 2022, September 21, 2022, December 21, 2022, March 21, 2023 and June 21, 2023
|
Interest Payment Dates*
:
October 26, 2016, November 25, 2016, December 27, 2016, January 26, 2017, February 24, 2017, March 24, 2017, April 26, 2017, May 25, 2017, June 26, 2017, July 26, 2017, August 24, 2017, September 26, 2017, October 26, 2017, November 27, 2017, December 27, 2017, January 25, 2018, February 26, 2018, March 26, 2018, April 26, 2018, May 24, 2018, June 26, 2018, July 26, 2018, August 24, 2018, September 26, 2018, October 25, 2018, November 27, 2018, December 27, 2018, January 25, 2019, February 26, 2019, March 26, 2019, April 25, 2019, May 24, 2019, June 26, 2019, July 25, 2019, August 26, 2019, September 26, 2019, October 24, 2019, November 26, 2019, December 27, 2019, January 24, 2020, February 26, 2020, March 26, 2020, April 24, 2020, May 27, 2020, June 25, 2020, July 24, 2020, August 26, 2020, September 24, 2020, October 26, 2020, November 27, 2020, December 24, 2020, January 26, 2021, February 25, 2021, March 25, 2021, April 26, 2021, May 26, 2021, June 24, 2021, July 26, 2021, August 26, 2021, September 24, 2021, October 26, 2021, November 26, 2021, December 27, 2021, January 26, 2022, February 25, 2022, March 24, 2022, April 26, 2022, May 26, 2022, June 24, 2022, July 26, 2022, August 25, 2022, September 26, 2022, October 26, 2022, November 25, 2022, December 27, 2022, January 26, 2023, February 24, 2023, March 24, 2023, April 26, 2023, May 25, 2023, June 26, 2023, July 26, 2023, August 24, 2023 and the Maturity Date
Maturity Date
*: September 26, 2023
Call Settlement Date*:
If the notes are automatically called on any Autocall Review Date, the first Interest Payment Date immediately following that Autocall Review Date
Automatic Call:
If the closing level of each Index on any Autocall Review Date is greater than or equal to its Initial Value, the notes will be automatically called for a cash payment, for each $1,000 principal amount note, equal to (a) $1,000
plus
(b) the Contingent Interest Payment applicable to the Interest Review Date corresponding to that Autocall Review Date, payable on the applicable Call Settlement Date. No further payments will be made on the notes.
Payment at Maturity:
If the notes have not been automatically called and the Final Value of each Index is greater than or equal to its Trigger Value, you will receive a cash payment at maturity, for each $1,000 principal amount note, equal to (a) $1,000
plus
(b) the Contingent Interest Payment
,
if any, applicable to the final Review Date
.
If the notes have not been automatically called and the Final Value of either Index is less than its Trigger Value,
your payment at maturity per $1,000 principal amount note, will be calculated as follows:
$1,000 + ($1,000 × Lesser Performing Index Return)
If the notes have not been automatically called and the Final Value of either Index is less than its Trigger Value, you will lose more than 40.00% of your principal amount at maturity and could lose all of your principal amount at maturity.
Lesser Performing Index:
The Index with the Lesser Performing Index Return
Lesser Performing Index Return:
The lower of the Index Returns of the Indices
Index Return:
With respect to each Index
,
(Final Value – Initial Value)
Initial Value
Initial Value:
With respect to each Index, the closing level of that Index on the Pricing Date, which was 2,163.12 for the S&P 500
®
Index and 1,245.040 for the Russell 2000
®
Index
Final Value:
With respect to each Index, the closing level of that Index on the final Review Date
* Subject to postponement in the event of a market disruption event and as described under “General Terms of Notes — Postponement of a Determination Date — Notes Linked to Multiple Underlyings” and “General Terms of Notes — Postponement of a Payment Date” in the accompanying product supplement
|
|
PS
-
2
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
PS
-
3
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
Number of Contingent
Interest Payments
|
Total Contingent Interest
Payments
|
84
|
$560.0000
|
83
|
$553.3333
|
82
|
$546.6667
|
81
|
$540.0000
|
80
|
$533.3333
|
79
|
$526.6667
|
78
|
$520.0000
|
77
|
$513.3333
|
76
|
$506.6667
|
75
|
$500.0000
|
74
|
$493.3333
|
73
|
$486.6667
|
72
|
$480.0000
|
71
|
$473.3333
|
70
|
$466.6667
|
69
|
$460.0000
|
68
|
$453.3333
|
67
|
$446.6667
|
66
|
$440.0000
|
65
|
$433.3333
|
64
|
$426.6667
|
63
|
$420.0000
|
62
|
$413.3333
|
61
|
$406.6667
|
60
|
$400.0000
|
59
|
$393.3333
|
58
|
$386.6667
|
57
|
$380.0000
|
56
|
$373.3333
|
55
|
$366.6667
|
54
|
$360.0000
|
53
|
$353.3333
|
52
|
$346.6667
|
51
|
$340.0000
|
50
|
$333.3333
|
49
|
$326.6667
|
48
|
$320.0000
|
47
|
$313.3333
|
46
|
$306.6667
|
45
|
$300.0000
|
44
|
$293.3333
|
43
|
$286.6667
|
42
|
$280.0000
|
41
|
$273.3333
|
40
|
$266.6667
|
39
|
$260.0000
|
PS
-
4
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
Number of Contingent
Interest Payments
|
Total Contingent Interest
Payments
|
38
|
$253.3333
|
37
|
$246.6667
|
36
|
$240.0000
|
35
|
$233.3333
|
34
|
$226.6667
|
33
|
$220.0000
|
32
|
$213.3333
|
31
|
$206.6667
|
30
|
$200.0000
|
29
|
$193.3333
|
28
|
$186.6667
|
27
|
$180.0000
|
26
|
$173.3333
|
25
|
$166.6667
|
24
|
$160.0000
|
23
|
$153.3333
|
22
|
$146.6667
|
21
|
$140.0000
|
20
|
$133.3333
|
19
|
$126.6667
|
18
|
$120.0000
|
17
|
$113.3333
|
16
|
$106.6667
|
15
|
$100.0000
|
14
|
$93.3333
|
13
|
$86.6667
|
12
|
$80.0000
|
11
|
$73.3333
|
10
|
$66.6667
|
9
|
$60.0000
|
8
|
$53.3333
|
7
|
$46.6667
|
6
|
$40.0000
|
5
|
$33.3333
|
4
|
$26.6667
|
3
|
$20.0000
|
2
|
$13.3333
|
1
|
$6.6667
|
0
|
$0.0000
|
· |
an Initial Value for the Lesser Performing Index of 100.00;
|
· |
an Interest Barrier for the Lesser Performing Index of 70.00 (equal to 70.00% of its hypothetical Initial Value);
|
PS
-
5
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
· |
a Trigger Value for the Lesser Performing Index of 60.00 (equal to 60.00% of its hypothetical Initial Value); and
|
· |
a Contingent Interest Rate of 8.00% per annum (payable at a rate of 0.6667% per month).
|
Date
|
Closing Level of Lesser
Performing Index
|
Payment (per $1,000 principal amount note)
|
First Interest Review Date
|
95.00
|
$6.6667
|
Second Interest Review Date
|
50.00
|
$0
|
Third Interest Review Date
|
60.00
|
$0
|
Fourth through Twenty-Third
Interest Review Dates
|
Less than Interest Barrier
|
$
0
|
Twenty-Fourth Interest Review
Date (first Autocall Review Date)
|
105.00
|
$1,006.6667
|
Total Payment
|
$1,013.3333 (1.3333% return)
|
Date
|
Closing Level of the Lesser
Performing Index
|
Payment (per $1,000 principal amount note)
|
First Interest Review Date
|
95.00
|
$6.6667
|
Second Interest Review Date
|
85.00
|
$6.6667
|
Third Interest Review Date
|
50.00
|
$0
|
Fourth through Eighty-Third
Interest Review Dates
|
Less than Interest Barrier
|
$0
|
Final Review Date
|
90.00
|
$1,006.6667
|
Total Payment
|
$1,
0
20.00 (2.00% return)
|
PS
-
6
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
Date
|
Closing Level of Lesser
Performing Index
|
Payment (per $1,000 principal amount note)
|
First Interest Review Date
|
95.00
|
$6.6667
|
Second Interest Review Date
|
85.00
|
$6.6667
|
Third Interest Review Date
|
50.00
|
$
0
|
Fourth through Eighty-Third
Interest Review Dates
|
Less than Interest Barrier
|
$
0
|
Final Review Date
|
65.00
|
$1,000.00
|
Total Payment
|
$1,013.3333 (1.3333% return)
|
Date
|
Closing Level of Lesser
Performing Index
|
Payment (per $1,000 principal amount note)
|
First Interest Review Date
|
55.00
|
$0
|
Second Interest Review Date
|
50
.00
|
$0
|
Third Interest Review Date
|
45.00
|
$0
|
Fourth through Eighty-
Third Interest Review
Dates
|
Less than Interest Barrier
|
$0
|
Final Review Date
|
50.00
|
$500.00
|
Total Payment
|
$500.00 (-50.00% return)
|
· |
YOUR INVESTMENT IN THE NOTES MAY RESULT IN A LOSS —
|
PS
-
7
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
· |
THE NOTES DO NOT GUARANTEE THE PAYMENT OF INTEREST AND MAY NOT PAY ANY INTEREST AT ALL —
|
· |
CREDIT RISKS OF JPMORGAN FINANCIAL AND JPMORGAN CHASE & CO. —
|
· |
AS A FINANCE SUBSIDIARY, JPMORGAN FINANCIAL HAS NO INDEPENDENT OPERATIONS AND HAS LIMITED ASSETS —
|
· |
THE APPRECIATION POTENTIAL OF THE NOTES IS LIMITED TO THE SUM OF ANY CONTINGENT INTEREST PAYMENTS THAT MAY BE PAID OVER THE TERM OF THE NOTES,
|
· |
POTENTIAL CONFLICTS —
|
· |
JPMORGAN CHASE & CO. IS CURRENTLY ONE OF THE COMPANIES THAT MAKE UP THE S&P 500
®
INDEX,
|
· |
YOU ARE EXPOSED TO THE RISK OF DECLINE IN THE LEVEL OF EACH INDEX —
|
· |
YOUR PAYMENT AT MATURITY MAY BE DETERMINED BY THE LESSER PERFORMING INDEX.
|
· |
THE BENEFIT PROVIDED BY THE TRIGGER VALUE MAY TERMINATE ON THE FINAL REVIEW DATE —
|
· |
THE AUTOMATIC CALL FEATURE MAY FORCE A POTENTIAL EARLY EXIT —
|
PS
-
8
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
· |
YOU WILL NOT RECEIVE DIVIDENDS ON THE SECURITIES INCLUDED IN EITHER INDEX OR HAVE ANY RIGHTS WITH RESPECT TO THOSE SECURITIES.
|
· |
AN INVESTMENT IN THE NOTES IS SUBJECT TO RISKS ASSOCIATED WITH SMALL CAPITALIZATION STOCKS WITH RESPECT TO THE RUSSELL 2000
®
INDEX —
|
· |
THE RISK OF THE CLOSING LEVEL OF AN INDEX FALLING BELOW ITS INTEREST BARRIER OR TRIGGER VALUE IS GREATER IF THE LEVEL OF THAT INDEX IS VOLATILE.
|
· |
LACK OF LIQUIDITY —
|
· |
THE ESTIMATED VALUE OF THE NOTES IS LOWER THAN THE ORIGINAL ISSUE PRICE (PRICE TO PUBLIC) OF THE NOTES —
|
· |
THE ESTIMATED VALUE OF THE NOTES DOES NOT REPRESENT FUTURE VALUES OF THE NOTES AND MAY DIFFER FROM OTHERS’ ESTIMATES —
|
· |
THE ESTIMATED VALUE OF THE NOTES IS DERIVED BY REFERENCE TO AN INTERNAL FUNDING RATE —
|
· |
THE VALUE OF THE NOTES AS PUBLISHED BY JPMS (AND WHICH MAY BE REFLECTED ON CUSTOMER ACCOUNT STATEMENTS) MAY BE HIGHER THAN THE THEN-CURRENT ESTIMATED VALUE OF THE NOTES FOR A LIMITED TIME PERIOD —
|
· |
SECONDARY MARKET PRICES OF THE NOTES WILL LIKELY BE LOWER THAN THE ORIGINAL ISSUE PRICE OF THE NOTES —
|
PS
-
9
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
· |
SECONDARY MARKET PRICES OF THE NOTES WILL BE IMPACTED BY MANY ECONOMIC AND MARKET FACTORS —
|
PS
-
10
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
PS
-
11
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
PS
-
12
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
· |
Product supplement no. 4-I dated April 15, 2016:
|
· |
Underlying supplement no. 1-I dated April 15, 2016:
|
· |
Prospectus supplement and prospectus, each dated April 15, 2016:
|
PS
-
13
| Structured Investments
Auto Callable Contingent Interest Notes Linked to the Lesser Performing of
the S&P 500
®
Index and the Russell 2000
®
Index
|
|
1 Year JP Morgan Chase Chart |
1 Month JP Morgan Chase Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions