JPMorgan plans to price basket-linked notes tied to five indexes

By Kristen Daniels

New York, Jan. 17 – JPMorgan Chase & Co. plans to price 0% notes due Jan. 26, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% 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 between 3.08 and 3.28 times any basket gain. The upside participation rate will be set at pricing.

Investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the underwriter.

The notes (Cusip: 48130WSL6) will price on Jan. 24 and settle on Jan. 31.

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