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

By Susanna Moon

Chicago, Sept. 8 – JPMorgan Chase Financial Co. LLC plans to price 0% digital notes due Oct. 31, 2018 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Securities and Exchange Commission.

If each index closes at or above its 70% trigger level each day during the life of the notes, the payout at maturity will be par plus the fixed return of 7% to 9%.

If either index ever breaches 70% trigger but each index finishes at or above its initial level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Sept. 29.

The Cusip number is 46647M3S0.

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