JPMorgan intends to price notes due 2022 tied to Euro Stoxx 50 index

By Sarah Lizee

Olympia, Wash., April 4 – JPMorgan Chase Financial Co. LLC plans to price 0% notes due April 29, 2022 linked to the Euro Stoxx 50 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 at least 135% of the index return.

If the index declines, investors will lose 1% for every 1% that the final value is less than the initial value, provided that the payment at maturity will not be less than $950 per $1,000 note.

J.P. Morgan Securities LLC is the agent.

The notes are expected to price on April 30.

The Cusip number is 48130WV32.

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