JPMorgan plans capped enhanced participation notes on index basket

By Susanna Moon

Chicago, July 12 – JPMorgan Chase Financial Co. LLC plans to price 0% capped enhanced participation notes due Aug. 23, 2017 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus double any basket gain, up to a maximum payout of $1,218 to $1,256 for each $1,000 principal amount of notes. The exact cap will be set at pricing.

Investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on July 18 and settle on July 25.

The Cusip number is 46646ENW8.

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