JPMorgan plans six-year CDs on JPMorgan Asia-Pacific Equity Rotator

By Susanna Moon

Chicago, Dec. 6 - JPMorgan Chase Bank, NA plans to price certificates of deposit due Dec. 29, 2017 linked to the JPMorgan Asia-Pacific Equity Rotator 5 index, according to a term sheet.

The payout at maturity will be par plus at least 100% of any index gain, with the exact participation rate to be set at pricing.

If the index falls, the payout will be par.

J.P. Morgan Securities LLC is the agent, and Incapital LLC is the distributor.

The CDs will price on Dec. 22 and settle on Dec. 30.

The Cusip number is 48123Y3F1.

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