JPMorgan plans contingent yield trigger autocalls on MSCI EM, Russell

By Susanna Moon

Chicago, Aug. 20 – JPMorgan Chase Financial Co. LLC plans to price trigger autocallable contingent yield notes due Aug. 31, 2028 linked to the least performing of the MSCI Emerging Markets index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon at an annual rate of 6.8% to 7.8% if each index closes at or above its 70% coupon barrier on the observation date for that quarter.

The notes will be called at par if the index closes at or above its initial level on any review date after one year.

The payout at maturity will be par unless either index finishes below its 50% downside threshold level, in which case investors will lose 1% for each 1% decline of the worse performing index.

The notes are guaranteed by JPMorgan Chase & Co.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price on Aug. 29.

The Cusip number is 48130V707.

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