JPMorgan plans buffered return enhanced notes tied to MSCI EAFE fund

By Tali Rackner

Minneapolis, June 30 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due July 11, 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 final share price is greater than the initial share price, the payout at maturity will be par plus double the ETF return, subject to a maximum return that is expected to be at least 24.15% and will be set at pricing.

Investors will receive par if the ETF declines by 10% or less and will lose 1% for every 1% that it may decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price July 6 and settle on July 11.

The Cusip number is 46647MB69.

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