JPMorgan Chase Financial Company LLC Announces Threshold Price & Initial Reference Price for Cash-Settled Equity Linked Notes...
07 February 2018 - 12:45PM
Business Wire
Following the pricing of its public offering of $350 million of
cash-settled equity linked notes linked to the common stock of Voya
Financial, Inc. (“Voya”) due May 1, 2023 (the
“Notes”), JPMorgan Chase Financial Company LLC (the
“Issuer”) today announces the threshold price and initial
reference price of the Notes.
The threshold price of the Notes has been set at $67.68198,
representing a 32.5% premium over the initial reference price of
$51.08074, which equals the arithmetic average of the
volume-weighted average prices of one share of Voya common stock
over the five consecutive trading days beginning on, and including,
January 31, 2018 and ending on, and including, February 6,
2018.
Settlement and delivery of the Notes took place on February 2,
2018.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global
financial services firm with assets of $2.5 trillion and
operations worldwide. The Firm is a leader in investment banking,
financial services for consumers and small businesses, commercial
banking, financial transaction processing, and asset management. A
component of the Dow Jones Industrial Average, JPMorgan Chase &
Co. serves millions of customers in the United States and many of
the world's most prominent corporate, institutional and government
clients under its J.P. Morgan and Chase brands. Information about
JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Investment suitability must be determined individually for each
investor, and the Notes may not be suitable for all investors. This
information is not intended to provide and should not be relied
upon as providing accounting, legal, regulatory or tax advice.
Investors should consult with their own advisors as to these
matters.
JPMorgan Chase & Co. and JPMorgan Chase Financial Company
LLC have filed a registration statement (including a prospectus)
with the SEC for any offerings to which these materials relate.
Before you invest, you should read the prospectus in that
registration statement and the other documents relating to any
offerings to which these materials relate that JPMorgan Chase &
Co. and JPMorgan Chase Financial Company LLC have filed with the
SEC for more complete information about JPMorgan Chase & Co.,
JPMorgan Chase Financial Company LLC and any offering to which
these materials relate.
You may get these documents without cost by visiting EDGAR on
the SEC Web site at www.sec.gov. Alternatively, JPMorgan Chase
& Co., JPMorgan Chase Financial Company LLC or any agent or any
dealer participating in the any offerings to which these materials
relate will arrange to send you the prospectus and each prospectus
supplement as well as any product supplement, underlying supplement
and pricing supplement if you so request by calling toll-free
866-535-9248.
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version on businesswire.com: http://www.businesswire.com/news/home/20180206006573/en/
JPMorgan Chase Financial Company LLCJessica Francisco,
212-270-1719Jessica.francisco@jpmorgan.com
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