JPMorgan to price trigger digital notes tied to 10-year ICE swap rate

By Marisa Wong

Morgantown, W.Va., March 8 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger digital notes due March 16, 2020 linked to the 10-year U.S. dollar ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the swap rate finishes at or above its initial value, the payout at maturity will be par plus 13% to 16%.

If the rate falls but finishes at or above the 80% downside threshold, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price on March 9.

The Cusip number is 48129L686.

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