JPMorgan plans digital notes linked to Euro Stoxx 50, Russell 2000

By Susanna Moon

Chicago, June 17 – JPMorgan Chase Financial Co. LLC plans to price 0% digital notes due July 26, 2017 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.

If each index closes at or above 60% trigger level on each day during the life of the notes, the payout at maturity will be par plus the digital return, which will be at least 7.65% and will be set at pricing.

If either index ever dips below the 60% trigger level but each index finishes at or above its initial levels, the payout will be par.

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 21 and settle on June 24.

The Cusip number is 46646EHE5.

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