JPMorgan to price autocallable yield notes linked to Russell, Stoxx

By Sarah Lizee

Olympia, Wash., April 29 – JPMorgan Chase Financial Co. LLC plans to price 5.5% to 6.5% autocallable yield notes due Nov. 30, 2020 linked to the worst performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

Interest rate will payable monthly.

After six months, the notes will be called at par if each index closes at or above its initial level on any quarterly review date other than the final one.

The payout at maturity will be par unless either index closes below its trigger level, 70% of its initial level, on any day during the life of the notes and the return of the least-performing index is negative, in which case investors will lose 1% for every 1% that the least-performing index finishes below its initial level.

J.P. Morgan Securities LLC is the agent.

The notes will price on May 28.

The Cusip number is 48132CGM9.

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