JPMorgan to sell dual directional trigger PLUS linked to Russell 2000

By Devika Patel

Knoxville, Tenn., Aug. 30 – JPMorgan Chase Financial Co. LLC plans to price 0% dual directional trigger Performance Leveraged Upside Securities due Sept. 5, 2019 linked to the Russell 2000 index, according to a 424B2 with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the index finishes at or above its initial level, the payout at maturity will be par plus double the gain.

If the index falls but finishes at or above the 80% trigger level, the payout will be par plus the absolute value of the return.

Otherwise, investors will lose 1% for each 1% decline.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 46646X480) will price on Aug. 31 and settle on Sept. 6.

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