JPMorgan plans contingent buffered return enhanced notes on index, ETF

By Wendy Van Sickle

Columbus, Ohio, March 17 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due April 3, 2019 linked to the lesser performing of 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 each asset finishes above its initial level, the payout at maturity will be par plus at least 2 times the return of the lesser-performing asset.

If either asset falls by up to 25% the payout will be par.

Otherwise, investors will be fully exposed to any losses of the lesser-performing asset if either asset falls by more than 25%.

J.P. Morgan Securities LLC is the agent.

The notes will price on March 29 and settle on April 3.

The Cusip number is 46646QNF8.

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