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JPMorgan plans return notes linked to November 2017 WTI crude futures
By Susanna Moon
Chicago, March 23 – JPMorgan Chase & Co. plans to price 0% return notes due Dec. 27, 2018 linked to the November 2017 WTI crude oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the return and $0.80 for each $1,000 principal amount.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
The notes will price on March 24 and settle on March 31.
The Cusip number is 48125U3F7.
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