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Published on 8/15/2019 in the Prospect News Structured Products Daily.

JPMorgan Chase Financial plans to price capped notes linked to gold

By Angela McDaniels

Tacoma, Wash., Aug. 15 – JPMorgan Chase Financial Co. LLC plans to price 0% capped notes due Aug. 23, 2021 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the percentage change in the price of gold, subject to a minimum payout of $900 per $1,000 principal amount of notes and a maximum payout that is expected to be at least $1,263 and will be set at pricing.

The notes will be guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price Aug. 16.

The Cusip number is 48130URX5.


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