JPMorgan plans contingent buffered equity notes tied to Euro Stoxx 50

By Jennifer Chiou

New York, July 29 – JPMorgan Chase & Co. plans to price 0% contingent buffered equity notes due Feb. 3, 2016 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus the return.

If the index falls by up to the 15.7% contingent buffer, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

The notes (Cusip: 48127DUQ9) are expected to price on Aug. 1 and settle on Aug. 6.

J.P. Morgan Securities LLC is the agent.

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