JPMorgan plans two-year trigger PLUS tied to VanEck Gold Miners

By Susanna Moon

Chicago, Oct. 4 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger Performance Leveraged Upside Securities due Oct. 22, 2020 linked to the VanEck Vectors Gold Miners ETF, according to a 424B2 filed with the Securities and Exchange Commission.

If the fund finishes above its initial level, the payout at maturity will be par plus 150% of the gain up to a maximum payment of at least $13.50 per $10 of notes.

If the fund falls by up to 20%, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 18.

The Cusip number is 48130V665.

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