JPMorgan plans capped buffered return notes tied to indexes, fund

By Susanna Moon

Chicago, Aug. 10 – JPMorgan Chase Financial Co. LLC plans to price capped buffered return enhanced notes due Aug. 29, 2019 linked to a basket of indexes and an exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with 70% weight, the Russell 2000 index with 15% weight and the iShares MSCI EAFE ETF with 15% weight.

The payout at maturity will be par plus double any basket gain, up to a maximum return of 12% to 15%.

Investors will receive par if the basket falls by up to 12% and will be exposed to any losses beyond 12%.

The notes are guaranteed by JPMorgan Chase & Co.

The agent is J.P. Morgan Securities LLC.

The notes will price on Aug. 25.

The Cusip number is 46647MK69.

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