JPMorgan plans uncapped contingent buffered notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, June 7 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due June 30, 2021 linked to the lesser performing of the S&P 500 index and the Russell 2000 index according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index finishes at or above its initial level, the payout at maturity will be par plus at least 1.65 times the gain of the worse performing index.

If either index falls but neither index falls by more than 50%, the payout will be par. Otherwise, investors will be fully exposed to any losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

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

The Cusip number is 46646EEX6.

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