JPMorgan to price capped contingent buffered notes on health care fund

By Marisa Wong

Morgantown, W.Va., Oct. 18 – JPMorgan Chase Financial Co. LLC plans to price 0% capped contingent buffered equity notes due Jan. 23, 2020 linked to the Health Care Select Sector SPDR fund, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus any fund gain, subject to a maximum return of at least 13.55%. The exact cap will be set at pricing.

If the fund falls by up to 20%, the payout will be par.

Otherwise, investors will be fully exposed to the fund decline.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 19.

The Cusip number is 48130UH99.

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