JPMorgan plans contingent buffer digital notes on S&P 500 Low Volatility High Dividend

By Susanna Moon

Chicago, April 5 – JPMorgan Chase & Co. plans to price 0% buffered digital notes due April 30, 2019 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 the initial index level, the payout at maturity will be par plus the contingent digital return of 26% to 31%. The exact digital return will be set at pricing.

Investors will receive par if the index falls by up to the 25% and will be fully exposed to any losses if the index drops by more than the contingent buffer.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 26 and settle on April 29.

The Cusip number is 48128GVM9.

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