JPMorgan to price contingent buffered notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., April 23 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered equity notes due April 29, 2022 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Nasdaq-100 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 upper threshold value, 110% of its initial level, the payout at maturity will be par plus the greater of the contingent high minimum return and the return of the least-performing index. The contingent high minimum return is expected to be at least 19% and will be set at pricing.

If the final level of any index is less than its upper threshold value but the final level of no index is less than its initial level by more than 40%, the payout will be par plus 10%.

If the final level of any index is less than its initial level by more than 40%, investors will lose 1% for every 1% that the least-performing index declines from its initial level.

J.P. Morgan Securities LLC is the agent.

The notes will price April 26.

The Cusip number is 48132CDE0.

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