JPMorgan plans contingent buffered notes tied to Russell 2000, S&P 500

By Angela McDaniels

Tacoma, Wash., June 2 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due June 9, 2022 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 will be guaranteed by JPMorgan Chase & Co.

If the final level of each index is greater than its initial index level, the payout at maturity will be par plus at least 1.6 times the return of the lesser-performing index.

If the final level of one index is greater than its initial level and the final level of the other index is less than its initial level by up to 50% or the final level of each index is less than its initial level by up to 50%, the payout will be par.

If the final level of either index is less than its initial level by more than 50%, investors will be fully exposed to the decline of the lesser-performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price June 5.

The Cusip number is 46647MGJ6.

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