JPMorgan plans dual directional contingent buffered notes on EAFE ETF

By Marisa Wong

Morgantown, W.Va., Oct. 27 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped dual directional contingent buffered return enhanced notes due Oct. 31, 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.

If the fund return is positive, the payout at maturity will be par plus at least 1.33 times the gain. If the fund declines by up to 20%, the payout will be par plus the absolute value of the fund return. If the fund declines by more than 20%, investors will lose 1% for every 1% that the final value is less than the initial value.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 28.

The Cusip number is 46646E3D2.

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