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

By Susanna Moon

Chicago, June 8 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered return enhanced notes due July 6, 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 are guaranteed by JPMorgan Chase & Co.

If each index finishes at or above its 125% upside leverage threshold, the payout at maturity will be par plus 1.2 times the gain of the worse performing index over the contingent minimum return of at least 25%.

If each index gains by up to its upside leverage threshold, the payout at maturity will be par plus the contingent minimum return.

Investors will receive par if each index falls by no more than 40% and will be fully exposed to any losses of the worse performing index if it falls by more than the contingent buffer.

J.P. Morgan Securities LLC is the agent.

The notes will price June 30.

The Cusip number is 46647MFH1.

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