JPMorgan plans contingent income autocallables linked to two indexes

By Susanna Moon

Chicago, Nov. 10 – JPMorgan Chase & Co. plans to price contingent income autocallable securities due Nov. 19, 2019 linked to the worst performing of the Russell 2000 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly payment of 1.75% if each index closes at or above its 70% barrier level on a determination date for that quarter.

The notes will be redeemed at par plus the contingent coupon if each index closes at or above its respective initial level on any determination date other than the final date.

If the notes are not called, the payout at maturity will be par plus the final contingent coupon unless any index finishes below its 70% trigger level, in which case investors will be fully exposed to losses of the worst performing index.

J.P. Morgan Securities LLC is the agent with distribution by Morgan Stanley Smith Barney LLC.

The notes will price on Nov. 14.

The Cusip number is 48127P812.

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