JPMorgan plans 6% autocallable yield notes tied to three indexes

By Marisa Wong

Morgantown, W.Va., Dec. 17 – JPMorgan Chase & Co. plans to price 6% autocallable yield notes due March 24, 2017 linked to the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly, with the exact percentage to be set at pricing.

The notes will be called at par if each index closes at or above its initial level on any quarterly review date other than the final review date.

The payout at maturity will be par unless any index closes below its 64.75% trigger level on any day during the life of the notes and any index finishes below its initial level, in which case investors will be fully exposed to the any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Dec. 21 and settle on Dec. 24.

The Cusip number is 48128GFF2.

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