JPMorgan plans capped buffered enhanced participation notes linked to MSCI EAFE index

By Devika Patel

Knoxville, Tenn., March 10 – JPMorgan Chase & Co. plans to price 0% capped buffered enhanced participation equity notes due Jan. 17, 2018 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum settlement amount that is expected to fall between $1,270 and $1,315 per $1,000 of notes. The exact maximum payment will be set at pricing.

Investors will receive par if the index stays flat or falls by up to 12.5% and will lose 1.1429% for each 1% decline in the index beyond 12.5%.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 48128GRD4) will price on March 11 and settle on March 18.

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