JPMorgan plans CDs due 2019 with floor tied to Optimax Market-Neutral

By Susanna Moon

Chicago, Aug. 1 - JPMorgan Chase Bank, NA plans to price 0% certificates of deposit due Aug. 30, 2019 linked to the JPMorgan Optimax Market-Neutral index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus at least 110% of any index gain, with a minimum payout of par. The exact deal terms will be set at pricing.

J.P. Morgan Securities LLC is the agent.

The CDs will price on Aug. 28 and settle on Aug. 31.

The Cusip number is 48124JGJ1.

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