JPMorgan plans trigger jump securities due 2022 tied to Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., June 30 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger jump securities due Aug. 3, 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.

If the index finishes at or above its initial level, the payout at maturity will equal par of $10 plus the greater of the return and the upside payment of at least 14%. The exact upside payment will be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline of the index from its initial level if the index finishes below the 90% trigger level.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 48132L566) will price on July 17 and settle three business days after pricing.

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