JPMorgan plans four-year trigger step securities linked to Stoxx 50

By Susanna Moon

Chicago, April 12 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger step securities due April 29, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the greater of the gain and the step return of 60.6% to 65.6%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% downside threshold.

The notes are guaranteed by JPMorgan Chase & Co.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price on April 26.

The Cusip number is 48129L322.

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