JPMorgan plans contingent buffered return notes on S&P, Dow, QQQ

New York, June 19 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due July 3, 2023 linked to the least performing of the S&P 500 index, the Dow Jones Industrial average and the Invesco QQQ Trust, Series 1, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying finishes above its initial value, the payout at maturity will be par plus 1.68 times the gain of the least performing underlying.

If any underlying declines but the worst performer loses no more than 50% then the payout will be par.

Otherwise the notes will give one-to-one exposure to the decline of the least performing underlying.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 28 and settle on July 3.

The Cusip number is 48129M3P9.

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