JPMorgan plans digital notes due 2018 linked to Euro Stoxx 50, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, June 22 – JPMorgan Chase Financial Co. LLC plans to price 0% digital notes due Aug. 3, 2018 linked to the lesser performing of the Euro Stoxx 50 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 never closes below its 70% trigger level during the life of the notes, the payout at maturity will be par plus a fixed return of 7.5% to 9.5%.

Otherwise, the payout will be par unless the index finishes below its initial level and ever closes below its 70% trigger, in which case 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 30.

The Cusip number is 46647MES8.

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