JPMorgan plans buffered digital notes linked to low volatility index

By Wendy Van Sickle

Columbus, Ohio, June 8 – JPMorgan Chase Financial Co. LLC plans to price 0% buffered digital notes due June 28, 2019 linked to the S&P 500 Low Volatility High Dividend index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes at or above the initial index level, the payout at maturity will be par plus the fixed 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 25% and will be fully exposed to the loss if the index falls beyond 25%.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 27 and settle on June 30.

The Cusip number is 46646EFU1.

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