JPMorgan intends to price capped notes due 2020 tied to gold

By Sarah Lizee

Olympia, Wash., Oct. 24 – JPMorgan Chase Financial Co. LLC plans to price 0% capped notes due Nov. 3, 2020 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the percentage change in the price of gold, subject to a minimum payout of $850 per $1,000 principal amount of notes and a maximum payout of $1,405.

The notes will be guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 28.

The Cusip number is 48130USK2.

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