JPMorgan plans uncapped contingent buffered notes linked to indexes

By Susanna Moon

Chicago, March 7 – JPMorgan Chase & Co. plans to price 0% uncapped contingent buffered return enhanced notes due March 31, 2021 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 1.65 times the gain of the worse performing index.

If each index falls by no more than the 50% contingent buffer, the payout will be par.

If either falls by more than 50%, investors will be fully exposed to any losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on March 28 and settle on March 31.

The Cusip number is 48128GQT0.

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