JPMorgan eyes contingent buffered notes on S&P 500 Low Volatility

By Sarah Lizee

Olympia, Wash., Aug. 24 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due Aug. 29, 2025 linked to the S&P 500 Low Volatility High Dividend index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 2 times the gain of the index.

Investors will receive par if the index falls by up to 25%.

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

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 26.

The Cusip number is 48132M4V0.

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