JPMorgan plans 14-month capped gears with 3x leverage tied to Stoxx

By Susanna Moon

Chicago, Nov. 14 – JPMorgan Chase Financial Co. LLC plans to price 0% capped gears due Jan. 31, 2019 linked to the Euro Stoxx 50 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 triple any index gain, up to a maximum gain of 19.3% to 21.3%.

Investors will be exposed to any losses.

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

The notes will price on Nov. 28.

The Cusip number is 48129K605.

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