JPMorgan to price one-year return notes tied to basket of 15 stocks

By Marisa Wong

Morgantown, W.Va., Oct. 5 – JPMorgan Chase Financial Co. LLC plans to price 0% return notes due Oct. 24, 2018 linked to an unequally weighted basket of 15 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The underlying companies are Honeywell International Inc., Raytheon Co., Southwest Airlines Co., Fortive Corp., Textron Inc., United Rentals, Inc., Boeing Co., Caterpillar Inc., Norfolk Southern Corp. and Rockwell Automation, Inc., each with a 7.5% weight; and Lockheed Martin Corp., FedEx Corp., CSX Corp., Stanley Black & Decker, Inc. and Parker-Hannifin Corp., each with a 5% weight.

The payout at maturity will be par plus the basket return times a basket adjustment factor of at least 100%. The exact adjustment factor will be set at pricing.

J.P. Morgan Securities LLC is the agent.

The notes will price Oct. 6.

The Cusip number is 46647MNW9.

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