JPMorgan plans CDs due 2019 with floor linked to ETF Efficiente 5

By Susanna Moon

Chicago, Oct. 2 - JPMorgan Chase Bank, NA plans to price 0% certificates of deposit due Oct. 31, 2019 linked to the JPMorgan ETF Efficiente 5 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus at least 100% of any index gain, with a minimum payout of par. The exact deal terms will be set at pricing.

J.P. Morgan Securities LLC is the agent.

The CDs will price on Oct. 26 and settle on Oct. 31.

The Cusip number is 48124JKT4.

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