JPMorgan plans contingent buffer digital notes tied to S&P, Russell

By Susanna Moon

Chicago, June 29 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered digital notes due Aug. 15, 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.

If each underlying index finishes above its 70% threshold level, the payout at maturity will be par plus a fixed return of 6%.

If either underlying index falls by more than the 30% contingent buffer, 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 July 10.

The Cusip number is 48129M5D4.

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