JPMorgan plans 7.25%-9.25% yield autocallables linked to two indexes

By Susanna Moon

Chicago, April 17 – JPMorgan Chase & Co. plans to price 7.25% to 9.25% autocallable yield notes due Aug. 4, 2016 linked to the worst performing of the Euro Stoxx 50 index and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

Interest will be payable monthly, with the exact amount to be set at pricing.

The notes will be called at par if each underlying 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 component closes below its trigger level, 70% of its initial level, on any day during the life of the notes and either component falls, in which case investors will be fully exposed to any losses of the worst performing underlying component.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 30 and settle on May 5.

The Cusip number is 48125UNV0.

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