JPMorgan plans contingent buffered notes with no cap linked to indexes

By Susanna Moon

Chicago, March 18 – JPMorgan Chase & Co. plans to price 0% contingent buffered equity notes due April 11, 2018 linked to the worse performing of the S&P 500 index and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the return of the worse performing index.

Investors will receive par if each index finishes at or above the 50% barrier level and will be fully exposed to any losses of the worse performing index if either index falls by more than the contingent buffer.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 6 and settle on April 9.

The Cusip number is 48125UKC5.

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