JPMorgan plans digital notes with 67.5% trigger linked to two indexes

By Susanna Moon

Chicago, April 25 – JPMorgan Chase Financial Co. LLC plans to price digital notes due June 1, 2018 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

A trigger event occurs if either index ever closes below its 67.5% trigger level on any day during the life of the notes.

If a trigger event never occurs, the payout at maturity will be a contingent digital return of 7.5% to 9.5%.

If a trigger event occurs but each index finishes at or above its initial level, the payout will be par.

Otherwise, investors will be fully exposed to any losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will price on April 28 and settle on May 3.

The Cusip number is 46646Q3N3.

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