JPMorgan to price capped buffered equity notes linked to Russell

By Sarah Lizee

Olympia, Wash., Sept. 4 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered equity notes due Oct. 15, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes above its initial value, the payout at maturity will be par plus the gain, capped at par plus 15.42%.

If the index finishes flat or declines by up to 10%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline beyond 10%.

The agent is J.P. Morgan Securities LLC.

The notes will price on Sept. 9.

The Cusip number is 48132MW72.

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