JPMorgan plans to price review notes linked to S&P 500, Russell 2000

By Susanna Moon

Chicago, Nov. 3 – JPMorgan Chase & Co. plans to price 0% review notes due Nov. 30, 2017 linked to the worse performing of the S&P 500 index and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 9.25% if each index closes at or above its initial level on Nov. 30, 2015, Nov. 25, 2016 or Nov. 27, 2017.

If each index finishes at or above the 75% trigger level, the payout at maturity will be par.

Otherwise, 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 Nov. 24 and settle on Nov. 28.

The Cusip number is 48127DS90.

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