JPMorgan plans digital notes linked to Euro Stoxx, iShares MSCI EM ETF

By Angela McDaniels

Tacoma, Wash., April 25 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered digital notes due Nov. 30, 2020 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final level of each underlying is greater than or equal to its initial value or is less than its initial value by up to 25%, the payout at maturity will be par plus the contingent digital return, which is expected to be at least 12.25% and will be set at pricing.

If the final value of either underlying is less than its initial value by more than 25%, investors will lose 1% for every 1% that the lesser-performing underlying declines from its initial value.

J.P. Morgan Securities LLC is the agent.

The notes will price May 24.

The Cusip number is 48132CEF6.

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