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JPMorgan plans to price trigger jump securities on Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Jan. 13 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger jump securities due Feb. 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes at or above its initial level, the payout at maturity will equal par of $10 plus the greater of the return and the fixed payment percentage of 27.55%.
If the index falls by up to 10%, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline from the initial level.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management as dealer.
The notes will price on Jan. 17.
The Cusip number is 48132J678.
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