JPMorgan plans enhanced trigger jump notes tied to Stoxx 50, Topix

By Susanna Moon

Chicago, May 30 – JPMorgan Chase & Co. plans to price 0% enhanced trigger jump securities due June 3, 2020 linked to the worse performing of the Euro Stoxx 50 index and the Topix index, according to an FWP with the Securities and Exchange Commission.

If each index finishes at or above its 80% trigger level, the payout at maturity will be par of $10 plus the greater of any gain of the worse performing index and the upside payment of 17.65%.

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

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

The notes will price on May 31.

The Cusip number is 48129N724.

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