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Published on 8/1/2016 in the Prospect News Structured Products Daily.

JPMorgan plans three-year buffered return notes on iShares MSCI EAFE

By Susanna Moon

Chicago, Aug. 1 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due Aug. 30, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 22% to 26%. The exact cap will be set at pricing.

Investors will receive par if the fund falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 26 and settle on Aug. 31.

The Cusip number is 46646ERR5.


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