JPMorgan plans capped buffered return enhanced notes tied to Nasdaq

By Sarah Lizee

Olympia, Wash., June 12 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due Dec. 31, 2021 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the final value is greater than the initial value, the payout at maturity will be par plus 2 times the index return, subject to a maximum return of 21%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price June 25.

The Cusip number is 48132CTQ6.

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