JPMorgan eyes capped contingent buffered return enhanced notes on Russell

By Sarah Lizee

Olympia, Wash., Jan. 24 – JPMorgan Chase Financial Co. LLC plans to price 0% capped contingent buffered return enhanced notes due Feb. 1, 2023 linked to the Russell 2000 index, 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 3 times any gain in the index, capped at par plus 22.15%. 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. 27.

The Cusip number is 48132HVD1.

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