JPMorgan to price capped notes on basket of two indexes, three ETFs

By Marisa Wong

Morgantown, W.Va., Oct. 12 – JPMorgan Chase Financial Co. LLC plans to price 0% capped notes due Oct. 18, 2022 linked to an equally weighted basket of two indexes and three exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the S&P 500 index, Euro Stoxx 50 index, iShares MSCI Emerging Markets ETF, iShares iBoxx $ High Yield Corporate Bond ETF and iShares Core U.S. Aggregate Bond ETF.

The payout at maturity will be par plus any basket gain, subject to a cap of at least 35%. If the index falls, the payout will be par.

The agent is J.P. Morgan Securities LLC.

The notes will price on Oct. 13.

The Cusip number is 46647MNZ2.

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