JPMorgan plans four-year contingent buffered notes on MSCI EAFE fund

By Susanna Moon

Chicago, Aug. 1 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered equity notes due Aug. 31, 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 fund finishes at or above the initial level, the payout at maturity will be par plus the greater of the gain and the contingent minimum return of 35% to 40%.

Investors will receive par if the fund falls by up to 25% and will be fully exposed to any losses if the fund drops by more than the contingent buffer.

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

The Cusip number is 46646ERX2.

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