JPMorgan to price enhanced participation notes on index basket

By Devika Patel

Knoxville, Tenn., Dec. 20 – JPMorgan Chase Financial Co. LLC plans to price 0% enhanced participation notes due Jan. 14, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% 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 2 to 2.1075 times the basket gain. The exact participation rate will be set at pricing.

Investors will lose 1% for each 1% decline.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 46646QFS9) will price on Dec. 28 and settle Jan. 5.

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