JPMorgan to price contingent buffered digital notes on S&P, Russell

By Marisa Wong

Morgantown, W.Va., Nov. 27 – JPMorgan Chase Financial Co. LLC plans to price 0% digital notes due Dec. 27, 2018 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

A trigger event occurs if either index closes below its 70% trigger level on any day during the life of the notes.

If a trigger event has not occurred, the payout at maturity will be par plus the contingent digital return of 6.75% to 8.75%.

If a trigger event has occurred but each index finishes at or above its initial level, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the lesser performing index finishes below its initial level.

J.P. Morgan Securities LLC is the agent.

The notes will price Nov. 30.

The Cusip number is 48129HLR6.

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