JPMorgan to price uncapped buffered notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., May 8 – JPMorgan Chase & Co. plans to price 0% uncapped buffered equity notes due May 17, 2018 linked to the least performing of S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to an FWP filing with the Securities and Exchange Commission.

If the final index level of each index is greater than or equal to its initial level, the payout at maturity will be par plus the return of the least-performing index multiplied by the upside leverage factor, which is expected to be at least 100% and will be set at pricing.

If the final level of any index is less than its initial level but the final level of each index is not less than its initial level by more than 32%,the payout will be par.

If the final level of any index is less than its initial level by more than 32%, investors will lose 1% for every 1% that the least-performing index declines beyond 32%.

J.P. Morgan Securities LLC is the agent.

The notes are expected to price May 13 and settle May 18.

The Cusip number is 48125URT1.

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