JPMorgan to price dual directional trigger jump notes on Asian indexes

By Marisa Wong

Morgantown, W.Va., Sept. 21 – JPMorgan Chase Financial Co. LLC plans to price 0% dual directional trigger jump securities due Sept. 27, 2022 linked to an equally weighted basket of four indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The basket consists of the Hang Seng China Enterprises index, Kospi 200 index, MSCI Taiwan index and MSCI Singapore Free index.

If the final basket level is greater than or equal to the initial level, the payout at maturity will be par of $10 plus the greater of the basket return and the upside payment of at least $4.725 per note.

If the final basket level is less than the initial level but greater than or equal to the 80% trigger level, the payout will be par plus the absolute value of the basket return.

If the final basket level is less than the trigger level, investors will be exposed to the decline from the initial basket level.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management is handling distribution.

The notes will price on Sept. 22.

The Cusip number is 48129J459.

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