JPMorgan plans capped buffered equity notes on Strategas’ measure of lobbying

New York, March 15 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered equity notes due April 9, 2018 linked to a basket of 50 common stocks selected by Strategas Research Partners as having the highest lobbying intensity, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus any index gain, up to a maximum settlement of par plus 12% to 15%.

Investors will receive par if the index falls by up to buffer amount of 10% and will lose 1.111111% for each 1% decline beyond the buffer.

The underlying stocks have been selected by Strategas using a proprietary methodology.

They represent the 50 issuers in the S&P 500 index that have the highest lobbying intensity score as of the most recent quarterly evaluation, which was Feb. 27.

Strategas calculates lobbying intensity as a measure of the total dollar amount spent on lobbying activities by that issuer on a year-to-date basis relative to the size of the issuer.

JPMorgan noted that: “Companies often use lobbying to position themselves before a shift in public policy or to fend off challenges to their business models, both of which can impact the earnings of these companies.”

J.P. Morgan Securities LLC is the agent.

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

The Cusip is 46646QV28.

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