JPMorgan plans autocallable contingent interest notes on indexes

By Emma Trincal

New York, June 25 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due April 5, 2021 linked to the least performing of the Dow Jones industrial average, the Nasdaq-100 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 monthly coupon at an annual rate of 14.5% to 16.5% if each index closes at or above its 70% interest barrier on the related monthly review date.

The notes will be called at par plus the contingent coupon if each index closes at or above its initial level on any monthly review date other than the first, second and final ones.

The payout at maturity will be par plus the coupon unless any index finishes below its 70% trigger 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.

The notes will price on June 30.

The Cusip number is 48132MC41.

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