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Published on 10/26/2016 in the Prospect News Structured Products Daily.

JPMorgan plans one-year return notes linked to basket of 50 stocks

By Marisa Wong

Morgantown, W.Va., Oct. 26 – JPMorgan Chase Financial Co. LLC plans to price 0% return notes due Nov. 8, 2017 linked to an equally weighted basket of 50 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The basket components, each with a 2% weight, include Accenture plc, Alaska Air Group, Inc., Altria Group, Inc., Amazon.com, Inc., American Airlines Group Inc., Boeing Co., Brown-Forman Corp., CBS Corp., Cummins Inc., DaVita HealthCare Partners Inc., Dow Chemical Co., E.I. du Pont de Nemours and Co., Edwards Lifesciences Corp., Eli Lilly and Co., Equifax Inc., Facebook, Inc., FedEx Corp., Fluor Corp., FMC Corp., General Dynamics Corp., Goodyear Tire and Rubber Co., H&R Block, Inc., Harris Corp., Hershey Co., International Paper Co., Intuit Inc., L-3 Communications Holdings, Inc., Lockheed Martin Corp., Mallinckrodt plc, MasterCard Inc., Monsanto Co., Motorola Solutions, Inc., Northrop Grumman Corp., Occidental Petroleum Corp., Philip Morris International Inc., Pitney Bowes Inc., Raytheon Co., S&P Global Inc., Southern Co., Texas Instruments Inc., Textron Inc., Total System Services, Inc., TripAdvisor, Inc., Twenty-First Century Fox, Inc., United Parcel Service, Inc., Varian Medical Systems, Inc., VeriSign, Inc., Vertex Pharmaceuticals Inc., Viacom Inc. and YUM! Brands, Inc.

For each $1,000 principal amount of notes, the payout at maturity will be (a) $1,000 multiplied by (b) one plus the basket return multiplied by (c) 100% to 101%.

J.P. Morgan Securities LLC is the agent.

The notes will price Oct. 27.

The Cusip number is 46646E2U5.


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