JPMorgan to price capped buffered return enhanced notes on basket

By Sarah Lizee

Olympia, Wash., Nov. 25 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due June 1, 2021 linked to an equally-weighted basket consisting of the S&P/ASX 200 index, the Hang Seng China Enterprises index, the Kospi 200 index and the and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any basket gain, up to a maximum payout of par plus 18%.

Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% decline beyond the buffer.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Nov. 26.

The Cusip number is 48132FV29.

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