JPMorgan plans dual directional trigger PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 15 – JPMorgan Chase Financial Co. LLC plans to price 0% dual directional trigger Performance Leveraged Upside Securities due Aug. 1, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return that is expected to be at least 40% and will be set at pricing.

If the final index level is less than or equal to the initial index level but greater than or equal to the trigger level, the payout will be par plus the absolute value of the index return. The trigger level will be 80% of the initial index level.

If the final index level is less than the trigger level, investors will have one-to-one exposure to the decline.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC is handling distribution.

The notes will price July 29.

The Cusip number is 46646W383.

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