JPMorgan plans four-year contingent coupon notes tied to indexes, fund

By Susanna Moon

Chicago, Dec. 3 - JPMorgan Chase & Co. plans to price contingent coupon callable yield notes due Dec. 12, 2017 linked to the S&P 500 index, Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of at least 8% if each component closes at or above its 60% coupon barrier level on a quarterly observation date, and will be set at pricing. The exact contingent quarterly coupon will be set at pricing.

The payout at maturity will be par unless any component finishes below its knock-in level, 60% of its initial level, in which case investors will receive par plus the return of the lowest performing component.

The notes will be callable at par on any interest payment date other than the final date.

J.P. Morgan Securities LLC is the underwriter.

The notes will price on Dec. 9 and settle on Dec. 12.

The Cusip number is 48126NK48.

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