JPMorgan plans capped trigger gears due 2021 linked to Russell 2000

By Sarah Lizee

Olympia, Wash., Aug. 31 – JPMorgan Chase Financial Co. LLC plans to price 0% capped trigger gears due Sept. 30, 2021 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.

The payout at maturity will be par of $10 plus double any index gain, subject to a maximum return of 28% to 31%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below its 75% downside threshold level.

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

The notes will price on Sept. 25.

The Cusip number is 48130V830.

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