JPMorgan plans 6.5-year CDs linked to JPMorgan ETF Efficiente index

Chicago, March 1 - JPMorgan Chase Bank, NA plans to price 0% certificates of deposit due Sept. 28, 2018 linked to the JPMorgan ETF Efficiente 5 index, according to a term sheet.

The payout at maturity will be par plus at least 100% of any index gain, with the exact participation rate to be set at pricing.

If the index falls, the payout will be par.

J.P. Morgan Securities LLC is the agent, and Incapital LLC is the distributor.

The CDs will price on March 27 and settle on March 30.

The Cusip number is 48123Y7C4.

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