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JPMorgan to price review notes tied to Russell 2000, Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., Sept. 26 – JPMorgan Chase Financial Co. LLC plans to price 0% review notes due Sept. 30, 2022 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
After six months, the notes will be called at par plus an annualized call premium of 9% if each underlying closes at or above its initial level on any quarterly call date.
If the notes are not called and either index finishes below 65% of its initial level, investors will be fully exposed to the decline of the worse performing index.
J.P. Morgan Securities LLC is the agent.
The notes will price on Sept. 27.
The Cusip number is 48129HBA4.
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