JPMorgan to price notes due 2024 linked to basket of three indexes

By Sarah Lizee

Olympia, Wash., Jan. 7 – JPMorgan Chase Financial Co. LLC plans to price 0% notes due Jan. 31, 2024 linked to a basket of equally-weighted indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Russell 2000 index, the Euro Stoxx 50 index and the S&P 500 index.

If the basket return is positive, the payout at maturity will be par plus 120% of any basket gain.

Investors will lose 1% for every 1% decline in the basket, subject to a minimum payout of 95% of par.

J.P. Morgan Securities LLC is the agent.

The notes will price on Jan. 31.

The Cusip number is 48130WQB0.

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