JPMorgan plans to price notes linked to basket of dividend indexes

By Sarah Lizee

Olympia, Wash., Nov. 12 – JPMorgan Chase Financial Co. LLC plans to price 0% notes due Nov. 30, 2021 linked to an equally-weight basket of the S&P 500 Low Volatility High Dividend index and the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 180% of any basket gain. If the basket falls, the payout will be par plus the basket return, with a minimum payment of 95% of par.

The agent is J.P. Morgan Securities LLC.

The notes will price on Nov. 30.

The Cusip number is 48130UZ57.

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