JPMorgan plans two-year buffered digital notes tied to S&P, Russell

By Susanna Moon

Chicago, Aug. 24 – JPMorgan Chase Financial Co. LLC plans to price buffered digital notes due Sept. 5, 2019 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 each index finishes at or above its initial level, the payout at maturity will be par plus the contingent digital return of at least 19%. The exact return will be set at pricing.

Investors will receive par if either index falls but by no more than 10% and will be exposed to any losses of the worse performing index beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 30 and settle on Sept. 5.

The Cusip number is 46647MU76.

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