JPMorgan plans autocallable contingent interest notes on three indexes

By Susanna Moon

Chicago, July 24 – JPMorgan Chase & Co. plans to price autocallable contingent interest notes due Aug. 1, 2019 linked to the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If each underlying index closes at or above the 75% barrier level on a quarterly review date, the notes will pay a coupon at an annualized rate of 8.6% for that interest period. The exact contingent coupon will be set at pricing.

If each index closes at or above its initial level on any review date other than the final review date, the notes will be called at par plus the coupon.

The payout at maturity will be par plus the contingent coupon unless any underlying index finishes below its 75% 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 July 29 and settle on July 31.

The Cusip number is 48127DUC0.

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