JPMorgan plans uncapped contingent buffered notes on index, ETF

By Marisa Wong

Morgantown, W.Va., Dec. 16 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due Dec. 26, 2018 linked to the Euro Stoxx 50 index and 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 level of each asset is greater than or equal to its initial level, the payout at maturity will be par plus at least 2.2 times the return of the lesser performing asset. The exact upside leverage factor will be set at pricing.

If the final level of either asset is less than its initial level but neither falls by more than 25%, the payout will be par.

If either asset falls by more than 25%, investors will be fully exposed to the decline of the lesser performing asset.

J.P. Morgan Securities LLC is the agent.

The notes will price on Dec. 20.

The Cusip number is 46646QJL0.

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