JPMorgan plans to price capped buffered absolute return notes on Nasdaq

By Sarah Lizee

Olympia, Wash., Sept. 26 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered absolute return notes due Dec. 15, 2021 linked to the Nasdaq-100 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 plus any gain in the index, capped at $1,170.60 to $1,200.20 per $1,000 of notes.

If the index declines by up to 15%, the payout will be par plus the absolute value of the return.

Otherwise, investors will lose 1.1765% for every 1% decline beyond the 15% buffer.

J.P. Morgan Securities LLC is the underwriter.

The notes will price on Sept. 30.

The Cusip number is 48132FC79.

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