JPMorgan to price capped buffer gears linked to basket of six indexes

By Angela McDaniels

Tacoma, Wash., Nov. 6 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffer gears due Nov. 29, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The basket includes the Euro Stoxx 50 index with a 40% weight, the Nikkei 225 index with a 20% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is greater than zero, the payout at maturity will be par of $10 plus five times the basket return, subject to a maximum return that is expected to be 20% to 23% and will be set at pricing. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that the basket declines beyond 10%.

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

The notes are expected to price Nov. 28.

The Cusip number is 48129K878.

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