JPMorgan to price capped trigger in-step notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., June 5 – JPMorgan Chase Financial Co. LLC plans to price 0% capped trigger in-step securities due Dec. 31, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final index level is greater than or equal to the downside threshold, 80% of the initial index level, the payout at maturity will be par of $10 plus the greater of 10% and the index return, subject to a maximum return that is expected to be 25.75% to 28.75% and will be set at pricing. If the final index level is less than the downside threshold, investors will have one-to-one exposure to the index’s decline from its initial level.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price June 27.

The Cusip number is 48129G760.

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