JPMorgan eyes capped contingent buffered return enhanced notes on EM ETF

By Sarah Lizee

Olympia, Wash., June 14 – JPMorgan Chase Financial Co. LLC plans to price 0% capped contingent buffered return enhanced notes due June 26, 2024 linked to the iShares MSCI Emerging Markets ETF, 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 1.5 times any gain in the ETF, up to a maximum return of 86.2%. Investors will receive par if the ETF falls by up to 30% and will be fully exposed to the decline in the ETF if it falls by more than 30%.

J.P. Morgan Securities LLC is the agent.

The notes will price June 21.

The Cusip number is 48132CSG9.

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