JPMorgan plans contingent buffered enhanced notes on Euro Stoxx Banks

By Marisa Wong

Morgantown, W.Va., March 21 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered return enhanced notes due Sept. 26, 2018 linked to the Euro Stoxx Banks index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the return of the index is positive, the payout at maturity will be par plus 1.35 times the gain.

If the index stays flat or falls by up to 20%, the payout will be par.

Otherwise, investors will be fully exposed to the decline in the index.

J.P. Morgan Securities LLC is the agent.

The notes will price March 24.

The Cusip number is 46646QY41.

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