JPMorgan plans uncapped contingent buffered notes linked to S&P 500

By Susanna Moon

Chicago, May 13 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered equity notes due May 29, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of any index gain and a contingent minimum return of between 31% and 36%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index falls by more than the contingent buffer.

J.P. Morgan Securities LLC is the agent.

The notes will price on May 25 and settle on May 31.

The Cusip number is 46646EBA9.

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