JPMorgan plans five-year review notes linked to S&P, Russell, Dow

By Susanna Moon

Chicago, Sept. 26 – JPMorgan Chase Financial Co. LLC plans to price 0% review notes due Oct. 5, 2023 linked to the worse performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of at least 7.65% if each index closes at or above its initial level on any annual review date after one year.

If the notes are not called, the payout at maturity will be par unless any underlying index finishes below 65% trigger level, in which case investors will be fully exposed to the decline of the worst performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 1.

The Cusip number is 48130UJF3.

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