JPMorgan to price capped enhanced participation notes on index basket

By Sarah Lizee

Olympia, Wash., Aug. 21 – JPMorgan Chase Financial Co. LLC plans to price 0% capped enhanced participation notes due Dec. 28, 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with a 11% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 3 times any basket gain, capped at between $1,175.20 and $1,205.50 per $1,000 principal amount.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 24.

The Cusip number is 48132M6Q9.

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