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JPMorgan to price return enhanced notes on Taiwan Stock Exchange index
By Marisa Wong
Morgantown, W.Va., March 22 – JPMorgan Chase Financial Co. LLC plans to price 0% return enhanced notes due Sept. 25, 2019 linked to the Taiwan Stock Exchange Capitalization Weighted Stock index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index return is positive, the payout at maturity will be par plus 4.22 times the index gain. If the index return is negative, investors will have one-to-one exposure to the decline.
J.P. Morgan Securities LLC is the agent.
The notes will price on March 23.
The Cusip number is 48129MEW2.
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