JPMorgan plans 7.25%-8% trigger callable yield notes tied to indexes

By Susanna Moon

Chicago, Jan. 15 – JPMorgan Chase & Co. plans to price 7.25% to 8% trigger callable yield notes due Jan. 26, 2018 linked to the least performing of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

Interest will be payable quarterly, with the exact rate to be set at pricing.

The notes are callable at par plus the contingent coupon on any quarterly observation date other than the final date.

The payout at maturity will be par plus the contingent coupon unless any index finishes below the 65% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price on Jan. 22 and settle on Jan. 27.

The Cusip number is 48128A426.

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