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JPMorgan plans capped buffered enhanced participation notes tied to MSCI EAFE index
New York, March 13 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered enhanced participation equity notes due Jan. 17, 2020 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index return is positive, the payout at maturity will be par plus 1.6 times the index gain, subject to a maximum payout of between $1,254.08 and $1,298.72 per $1,000 of notes. The exact cap will be set at pricing.
Investors will receive par if the index falls by 12.5% or less and will lose 1.1429% for each 1% index decline beyond 12.5%.
J.P. Morgan Securities LLC is the agent.
The notes will price on March 15 and settle on March 22.
The Cusip number is 48129MDN3.
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