JPMorgan plans capped buffered return enhanced notes on indexes, ETF

New York, June 26 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due July 23, 2020 linked to an unequally weighted basked made up of the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The S&P 500 will have a 70% weight in the basket, the Russell 2000 a 15% weight and the ETF a 15% weight.

The payout at maturity will be par plus 1.5 times any basket gain up to a maximum return of par plus 15% to 18%. The exact cap will be set at pricing.

Investors will receive par if the basket falls by up to the buffer amount of 15% and will lose 1% for each 1% decline beyond 15%.

J.P. Morgan Securities LLC is the agent.

The notes will price on July 20 and settle on July 25.

The Cusip is 48129M4Q6.

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