JPMorgan plans to price trigger gears linked to index basket

By Sarah Lizee

Olympia, Wash., Oct. 28 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger gears due Oct. 31, 2029 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 includes the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket finishes above the initial level, the payout at maturity will be par of $10 plus 4.32 to 4.47 times the gain.

If the basket falls but finishes at or above the 65% downside threshold level, the payout will be par.

If the basket falls by more than 35%, investors will lose 1% for each 1% decline from the initial level.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price on Oct. 29.

The Cusip number is 48132G484.

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