JPMorgan plans contingent coupon market-linked notes on ETF Efficiente

By Susanna Moon

Chicago, April 2 - JPMorgan Chase & Co. plans to price market-linked notes with contingent coupons due April 28, 2023 linked to the JPMorgan ETF Efficiente 5 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the initial level on any quarterly review date, the notes will pay a coupon at an annualized rate of 3% to 3.5%. The exact deal terms will be set at pricing.

The payout at maturity will be par plus any index gain and the final contingent coupon payment.

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

The notes will price on April 25 and settle on April 30.

The Cusip number is 48126DJ91.

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