JPMorgan to price one-year return notes tied to basket of 11 stocks

By Marisa Wong

Morgantown, W.Va., Oct. 5 – JPMorgan Chase Financial Co. LLC plans to price 0% return notes due Oct. 24, 2018 linked to an equally weighted basket of 11 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The underlying companies are United Rentals, Inc., Southwest Airlines Co., Home Depot, Inc., Walt Disney Co., Costco Wholesale Corp., AT&T Inc., Comerica Inc., Starbucks Corp., Bank of America Corp., Honeywell International Inc. and Pioneer Natural Resources Co.

The payout at maturity will be par plus the basket return times a basket adjustment factor of at least 100%. The exact adjustment factor will be set at pricing.

J.P. Morgan Securities LLC is the agent.

The notes will price Oct. 6.

The Cusip number is 46647MNV1.

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