JPMorgan plans contingent buffer return enhanced notes tied to FTSE

By Susanna Moon

Chicago, Sept. 31 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered return enhanced notes due March 31, 2020 linked to the FTSE 100 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.95 times any index gain.

If the index falls by up to 25% contingent buffer, the payout will be par.

If the index falls by more 25%, investors will be fully exposed to any losses.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Sept. 27 and settle on Sept. 30.

The Cusip number is 46646EYC0.

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