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JPMorgan plans capped return enhanced notes linked to Russell 2000
By Susanna Moon
Chicago, Aug. 24 – JPMorgan Chase Financial Co. LLC plans to price 0% capped return enhanced notes due Sept. 12, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any index gain, up to a maximum return of 16.35%.
Investors will be exposed to any losses.
The notes will be guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
The notes will price on Aug. 25.
The Cusip number is 46647MV26.
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