JPMorgan plans contingent buffer digital notes linked to index, fund

By Susanna Moon

Chicago, Oct. 18 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered digital notes due Oct. 30, 2019 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each component finishes at or above the initial level or falls by up to the 30% contingent buffer, the payout at maturity will be par plus the fixed return of 25%.

If either component falls by more the contingent buffer, investors will be fully exposed to any losses of the worse performing component.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 25 and settle on Oct. 28.

The Cusip number is 46646EY71.

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