JPMorgan plans capped buffered return enhanced notes tied to Russell

By Sarah Lizee

Olympia, Wash., June 12 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due June 30, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the final value is greater than the initial value, the payout at maturity will be par plus 2 times the index return, subject to a maximum return of 19.75% to 23.75%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price June 28.

The Cusip number is 48132CTA1.

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