JPMorgan Chase Financial Company LLC Announces the Early Redemption of Cushing® 30 MLP Index ETNs
Terms used but not defined herein shall have the meanings ascribed to those terms in the market-making supplement dated
The Redemption Valuation Date will be
The Measurement Period with respect to the Redemption Valuation Date will be the five Index Business Days beginning on the Redemption Valuation Date. This Measurement Period is subject to postponement in the event of a market disruption event.
The Redemption Settlement Date will be the second Business Day after the final day of the Measurement Period with respect to the Redemption Valuation Date, which is expected to be
On the Redemption Settlement Date, holders of the Redeemed ETNs will receive a cash payment (the “Payment upon Early Redemption”) equal to the Closing Intrinsic Note Value as of the final day of the Measurement Period with respect to the Redemption Valuation Date, subject to potential adjustments as described in the Market-Making Supplement. Please refer to the Market-Making Supplement for the details of the calculation of this Closing Intrinsic Note Value.
Holders of the Redeemed ETNs will no longer be able to request the Issuer to repurchase their Redeemed ETNs on or after the date hereof.
Other exchange-traded notes, structured notes, debt securities and other securities issued by
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.
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
You may get these documents without cost by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively,
JPMorgan Cushing team