JPMorgan to price digital notes linked to S&P GSCI Industrial Metals

By Sarah Lizee

Olympia, Wash., Aug. 14 – JPMorgan Chase Financial Co. LLC plans to price 0% digital notes due Sept. 25, 2019 linked to the S&P GSCI Industrial Metals Index Excess Return, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above its 90% threshold level, the payout at maturity will be the threshold settlement amount, $1,066.40 to $1,078.10 for each $1,000 principal amount. The exact threshold settlement amount will be set at pricing.

Otherwise, investors lose 1.1111% for each 1% decline beyond the 10% buffer.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 21 and settle on Aug. 28.

The Cusip number is 48130UNR2.

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