JPMorgan plans dual directional buffered notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., March 26 – JPMorgan Chase Financial Co. LLC plans to price 0% capped dual directional buffered equity notes due April 17, 2020 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 plus the index return, subject to a maximum return of 7%. If the final index level is less than the initial index level by up to 14.25%, the payout will be par plus the absolute value of the index return. If the final index level is less than the initial index level by more than 14.25%, investors will lose 1.16618% for every 1% that the index declines beyond 14.25%.

J.P. Morgan Securities LLC is the agent.

The notes will price March 29.

The Cusip number is 48130WP62.

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