JPMorgan plans to price digital notes tied to 10-year ICE swap rate

By Sarah Lizee

Olympia, Wash., Aug. 22 – JPMorgan Chase Financial Co. LLC plans to price 0% digital notes due Sept. 27, 2019 linked to the 10-year U.S. dollar ICE swap rate, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the swap rate finishes at or above its initial value or falls by up to the 20% contingent buffer amount, the payout at maturity will be par plus the contingent digital return of at least 7.737%.

Otherwise, investors will be fully exposed to losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 23 and settle on Aug. 28.

The Cusip number is 48130UNU5.

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