JPMorgan plans contingent yield trigger autocallables tied to indexes

By Susanna Moon

Chicago, Aug. 17 – JPMorgan Chase Financial Co. LLC plans to price trigger autocallable contingent yield notes due Aug. 31, 2026 linked to the MSCI EAFE index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent quarterly coupon at an annual rate of 6.75% to 7.75% if each index closes above its 70% coupon barrier on the observation date for that quarter.

The notes will be called at par plus the contingent coupon if each index closes at or above its initial level on any observation date after one year.

The payout at maturity will be plus the final coupon unless either index closes below its 50% trigger level, in which case investors will be fully exposed to any losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 29 and settle on Aug. 31.

The Cusip number is 46646X688.

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