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JPMorgan plans capped buffered return enhanced notes on Euro Stoxx
By Marisa Wong
Morgantown, W.Va., Feb. 12 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due Feb. 28, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes above its initial value, the payout at maturity will be par plus two times the gain, with the payout capped at par plus 41.75% to 45.75%.
If the index declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.
The agent is J.P. Morgan Securities LLC.
The notes will price on Feb. 28.
The Cusip number is 48129HYX9.
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