JPMorgan plans five-year review notes tied to Russell, S&P 500, Dow

By Susanna Moon

Chicago, Aug. 8 – JPMorgan Chase Financial Co. LLC plans to price 0% review notes due Aug. 16, 2022 linked to the lesser performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 7.75% to 9.25% if each underlying index closes at or above its initial level on any annual call date.

The payout will be par plus any gain of the worst performing index unless any index finishes below its 70% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will price on Aug. 11 and settle on Aug. 16.

The Cusip number is 46647MF57.

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