JPMorgan plans autocallable notes tied to Russell 2000, Euro Stoxx 50

By Susanna Moon

Chicago, June 4 – JPMorgan Chase & Co. plans to price autocallable notes due June 29, 2018 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 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 at least 13.5% if each component closes at or above the call level on July 5, 2016, June 27, 2017 and June 26, 2018.

The call level will be 100% of the initial level on the first call valuation date, 95% of the initial level on the second call valuation date and 90% of the initial level on the final call valuation date.

The payout at maturity will be par unless either index finishes below its 75% trigger level, in which case investors will be fully exposed to any losses of the worst performing component.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 25 and settle on June 30.

The Cusip number is 48125UWR9.

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