JPMorgan intends to price 15-month PLUS linked to Topix index

By Devika Patel

Knoxville, Tenn., July 28 – JPMorgan Chase Financial Co. LLC plans to price 0% Performance Leveraged Upside Securities due Nov. 5, 2018 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum payout of at least par plus 17%. The exact cap will be set at pricing.

Investors will lose 1% for each 1% decline of the index from its initial level.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 48129G182) will price on July 31 and settle three business days after pricing.

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