JPMorgan plans uncapped contingent buffered notes on Euro Stoxx

By Marisa Wong

Madison, Wis., Feb. 4 – JPMorgan Chase & Co. plans to price 0% uncapped contingent buffered return enhanced notes due Feb. 28, 2020 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus at least 105% of the index return, with the exact upside leverage factor to be set at pricing.

If the index return is zero or negative but at least negative 40%, the payout will be par. Otherwise, investors will be fully exposed to the index decline from its initial level.

J.P. Morgan Securities LLC is the agent.

The notes will price on Feb. 24 and settle on Feb. 27.

The Cusip number is 48125UBJ0.

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