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Published on 9/1/2016 in the Prospect News Structured Products Daily.

JPMorgan plans capped buffered return enhanced notes tied to FTSE 100

By Susanna Moon

Chicago, Sept. 31 – JPMorgan Chase Financial Co. LLC plans to price 0% buffered return enhanced notes due March 29, 2019 linked to the FTSE 100 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of 37% to 41%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Sept. 27 and settle on Sept. 30.

The Cusip number is 46646EYD8.


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