JPMorgan to price capped buffered enhanced notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., March 20 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered enhanced participation equity notes due Sept. 25, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index gain, subject to a maximum payment of $1,169.95 to $1,199.80 per $1,000 of notes. Investors will receive par if the index falls by 10% or less and will lose 1.1111% for each 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price on March 21.

The Cusip number is 48129MEM4.

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