JPMorgan plans trigger contingent yield autocallables tied to indexes

By Susanna Moon

Chicago, May 18 – JPMorgan Chase Financial Co. LLC plans to price trigger autocallable contingent yield notes due May 29, 2026 linked to the MSCI EAFE index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent quarterly coupon at an annual rate of 8% to 9% if each index closes at or above its coupon barrier, 70% of its initial level, on the observation date for that quarter. The exact contingent coupon will be set at pricing.

The notes will be called at par if each index finishes at or above its initial level on any quarterly observation date after one year.

The payout at maturity will be par unless any index finishes below the 50% 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 May 26 and settle on May 31.

The Cusip number is 46646W771.

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