JPMorgan to price capped enhanced participation notes on index basket

By Marisa Wong

Morgantown, W.Va., Oct. 12 – JPMorgan Chase Financial Co. LLC plans to price 0% capped enhanced participation notes due Oct. 21, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 3 times the basket gain, up to a maximum payout that will fall between $1,669 and $1,786.60 per $1,000 of notes and will be set at pricing.

Investors will be fully exposed to any basket decline.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 16.

The Cusip number is 48129HFU6.

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