JPMorgan to price seven-year CDs on S&P Economic Cycle Factor

By Sarah Lizee

Olympia, Wash., March 20 – JPMorgan Chase Bank, NA plans to price 0% certificates of deposit due March 31, 2026 linked to the S&P Economic Cycle Factor Rotator index, according to a term sheet.

The payout at maturity will be par plus 250% to 265% of any index gain.

If the index finishes flat or falls, the payout will be par.

J.P. Morgan Securities LLC is the agent. Advisors Asset Management is distributor.

The CDs will price March 26.

The Cusip number is 48128HLC0.

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