JPMorgan to price capped return enhanced notes linked to Eli Lilly

By Angela McDaniels

Tacoma, Wash., June 20 – JPMorgan Chase Financial Co. LLC plans to price 0% capped return enhanced notes due July 9, 2020 linked to the common stock of Eli Lilly & Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than the initial share price, the payout at maturity will be par plus two times the stock return, subject to a maximum return that is expected to be at least 25.3% and will be set at pricing.

If the final share price is less than the initial share price, investors will be exposed to the decline.

The notes will be guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price June 21.

The Cusip number is 48132CVY6.

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