JPMorgan plans contingent buffered notes linked to Stoxx, EAFE ETF

By Angela McDaniels

Tacoma, Wash., May 9 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due May 31, 2024 linked to the lesser performing of the iShares MSCI EAFE exchange-traded fund and 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 level of each underlier is greater than its initial level, the payout at maturity will be par plus at least 3.1 times the return of the lesser-performing underlier. The exact upside leverage factor will be set at pricing.

If the final level of one underlier is greater than its initial level and the final level of the other underlier is equal to its initial level or is less than its initial level by up to 50% or if the final level of each underlier is equal to its initial level or is less than its initial level by up to 50%, the payout will be par.

If the final level of either underlier is less than its initial level by more than 50%, investors will be fully exposed to the decline of the lesser-performing underlier.

J.P. Morgan Securities LLC is the agent.

The notes will price May 31.

The Cusip number is 48132CGZ0.

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