JPMorgan plans uncapped contingent buffered notes on dividend indexes

By Marisa Wong

Morgantown, W.Va., Feb. 12 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due Feb. 28, 2023 linked to the lesser performing of the S&P 500 Low Volatility High Dividend index and the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index finishes above its initial level, the payout at maturity will be par plus at least 3 times the gain of the lesser performing index.

If either index falls but neither falls by more than 50%, the payout will be par.

If either index falls by more than 50%, investors will lose 1% for each 1% decline of the worse performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Feb. 23.

The Cusip number is 48129HZP5.

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