JPMorgan to price principal-protected notes linked to 15 stocks

By Angela McDaniels

Tacoma, Wash., June 19 - JPMorgan Chase & Co. plans to price 0% notes Jan. 4, 2018 linked to a basket of 15 common stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket includes Altria Group, Inc., Coca-Cola Co., GlaxoSmithKline plc, International Business Machines Corp., Johnson & Johnson, Kraft Foods Inc., McDonald's Corp., Merck & Co., Inc., Novartis AG, Proctor & Gamble Co., Roche Holding Ltd., Royal Dutch Shell plc, Total SA, Unilever NV and Vodafone Group plc.

The payout at maturity will be par plus at least 102% of the basket return, subject to a minimum payout of par. The exact participation rate will be set at pricing.

The notes are expected to price June 29 and settle July 5.

J.P. Morgan Securities LLC is the agent.

The Cusip number is 48125VL24.

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