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

By Sarah Lizee

Olympia, Wash., June 19 – JPMorgan Chase Bank, NA plans to price 0% certificates of deposit due June 30, 2025 linked to the S&P Economic Cycle Factor Rotator index, according to a term sheet.

The payout at maturity will be par plus 200% to 215% 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 June 25.

The Cusip number is 48128HZC5.

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