JPMorgan plans three-year capped trigger gears tied to iShares EAFE

By Susanna Moon

Chicago, Oct. 16 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger gears due Oct. 30, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any fund gain, up to a maximum return of 36% to 39%.

Investors will receive par if the fund falls by up to 20% and will be fully exposed to any losses if the fund finishes below its 80% downside threshold level.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

The notes will price on Oct. 26.

The Cusip number is 48129J319.

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