JPMorgan plans contingent buffered notes linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., June 6 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered equity notes due June 30, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par plus the greater of the contingent minimum return and the ETF return. The contingent minimum return is expected to be 37% to 42% and will be set at pricing. If the ETF falls by up to 25%, the payout will be par. If the ETF falls by more than 25%, investors will lose 1% for every 1% that the final share price is less than the initial share price.

J.P. Morgan Securities LLC is the agent.

The notes will price June 27.

The Cusip number is 46646EER9.

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