JPMorgan to price capped contingent buffered return notes tied to Stoxx

By Tali Rackner

Norfolk, Va., Jan. 14 – JPMorgan Chase & Co. plans to price 0% capped contingent buffered return enhanced notes due July 19, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus three times the index gain, up to a maximum return of at least 40%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to the 25% contingent buffer and will be fully exposed to losses if it falls by more than the 25% contingent buffer.

J.P. Morgan Securities LLC is the agent.

The notes will price Jan. 15 and settle Jan. 21.

The Cusip number is 48128GKH2.

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