JPMorgan plans to price bear market PLUS linked to Nasdaq-100

By Angela McDaniels

Tacoma, Wash., Aug. 22 – JPMorgan Chase Financial Co. LLC plans to price 0% bear market Performance Leveraged Upside Securities due Sept. 6, 2018 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the final index level is less than the initial index level, the payout at maturity will be par of $10 plus 3% for every 1% that the index declines, subject to a maximum return that is expected to be at least 26.05% and will be set at pricing. If the final index level is greater than or equal to the initial index level, the payout will be par minus 1% for every 1% that the index increases.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management is handling distribution.

The notes will price Aug. 31.

The Cusip number is 46646X621.

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