JPMorgan eyes capped contingent buffered return enhanced notes on Dow

By Wendy Van Sickle

Columbus, Ohio, Jan. 10 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due Jan. 31, 2025 linked to the Dow Jones industrial average, 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 between 1.285 and 1.315 times any gain in the index. Investors will receive par if the index falls by up to 25% and will be fully exposed to the decline in the index if it falls by more than 25%.

J.P. Morgan Securities LLC is the agent.

The notes will price Jan. 28.

The Cusip number is 48132HQW5.

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