JPMorgan Files Preliminary Pricing Supplement for Structured Investment Offering

JPMorgan Chase & Co. has filed a preliminary pricing supplement for its North America Structured Investments offering, which includes 15m SPX Capped Buffered Return Enhanced Notes.

The notes will have a minimum denomination of $1,000 and will be issued by JPMorgan Chase Financial Company LLC with JPMorgan Chase & Co. as the guarantor.

The underlying asset for these notes is the S&P 500 Index, and the upside leverage factor is set at 2.00.

According to the terms of the offering, if the Final Value of the Underlying is greater than its Initial Value, investors will receive a cash payment providing a return per $1,000 principal amount note equal to the Underlying Return multiplied by the Upside Leverage Factor, subject to the Maximum Return on the notes.

However, if the Underlying declines from its Initial Value by more than 10.00%, investors could lose up to $900 for each $1,000 note.