JPMorgan plans contingent interest callables tied to three indexes

By Susanna Moon

Chicago, Nov. 14 – JPMorgan Chase Financial Co. LLC plans to price callable contingent interest notes due Dec. 5, 2024 linked to the least performing of the Euro Stoxx 50 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent quarterly coupon at an annual rate of 7.25% if each index closes at or above its 65% coupon barrier on the review date for that quarter.

The notes are callable at par on any interest payment dates other than the first and final dates.

The payout at maturity will be par plus the contingent coupon unless any index finishes below its 65% trigger level, in which case investors will lose 1% for each 1% decline of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Nov. 27.

The Cusip number is 48129HMZ7.

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