JPMorgan plans protected six-year notes linked to ETF Efficiente 5

By Susanna Moon

Chicago, Oct. 3 - JPMorgan Chase & Co. plans to price notes due Oct. 31, 2019 linked to the JPMorgan ETF Efficiente 5 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus at least 150% of any index gain. The exact participation rate will be set at pricing.

If the index falls, the payout will be par.

The index level reflects the deduction of a fee of 0.50% per year that accrues daily.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 28 and settle on Oct. 31.

The Cusip number is 48126NWU7.

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