JPMorgan plans uncapped contingent buffered equity notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, June 10 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered equity notes due June 28, 2021 linked to the lesser performing of the S&P 500 index and the Russell 2000 index according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index finishes at or above 70% of its initial level, the payout at maturity will be the greater of the return of the lesser performing index and the contingent minimum return of 40% to 45%. The exact contingent minimum return will be set at pricing.

Otherwise, investors will be fully exposed to the loss of the worse performing index.

J.P. Morgan Securities LLC is the agent.

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

The Cusip number is 46646EGW6.

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