JPMorgan plans contingent income autocallables linked to three indexes

By Susanna Moon

Chicago, March 21 - JPMorgan Chase & Co. plans to price contingent income autocallable securities due April 5, 2017 linked to the S&P 500 index, the Euro Stoxx 50 index and the FTSE 100 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon of 2.5% if each index closes at or above its 75% coupon barrier level on a quarterly determination date.

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

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

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC will handle distribution.

The notes will price on March 31.

The Cusip number is 48127E411.

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