JPMorgan plans contingent income callable securities on three indexes

By Marisa Wong

Morgantown, W.Va., Jan. 27 – JPMorgan Chase Financial Co. LLC plans to price contingent income callable securities due Aug. 5, 2019 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 9.15% if each index closes at or above its downside threshold, 65% of its initial level, on the applicable quarterly review date.

The notes will be callable at par on any coupon payment date other than the first and final dates.

The payout at maturity will be par unless any index finishes below its 65% downside threshold, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Jan. 31.

The Cusip number is 46646QWN1.

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