JPMorgan plans contingent interest autocallables tied to three indexes

By Wendy Van Sickle

Columbus, Ohio, Aug. 22 – JPMorgan Chase Financial Co. LLC plans to autocallable contingent interest notes due Sept. 5, 2017 linked to the least performing of the S&P 500 index, the Euro Stoxx 50 index and the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent monthly coupon at an annual rate of 9.5% to 10.5% if each index closes above its 75% interest barrier on the observation date for that month. The exact coupon will be set at pricing.

The notes will be called at par if each index closes at or above its initial level on any observation date other than the first, second and final dates.

The payout at maturity will be par unless any index finishes below its 75% trigger level, in which case investors will be fully exposed any losses in the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 30 and settle on Sept. 2.

The Cusip number is 46646EVU3.

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