JPMorgan plans to price digital equity notes linked to Russell 1000

By Marisa Wong

Madison, Wis., May 6 – JPMorgan Chase & Co. plans to price 0% digital equity notes due July 19, 2017 linked to the Russell 1000 Value index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 90% of the initial level, the payout at maturity will be the threshold settlement amount of $1,129 to $1,151 per $1,000 principal amount. The exact threshold settlement amount will be set at pricing.

If the index return is less than negative 10%, investors will lose 1.1111% for each 1% decline beyond 10%.

J.P. Morgan Securities LLC is the underwriter.

The notes will price May 7 and May 14.

The Cusip number is 48125UQG0.

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