JPMorgan plans contingent interest autocallables tied to S&P, Russell

By Susanna Moon

Chicago, June 20 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due Oct. 5, 2017 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest is payable quarterly at an annual rate of 6.25% if each index closes above its 65% coupon barrier on the observation date for that quarter.

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 first and final dates.

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

J.P. Morgan Securities LLC is the agent.

The notes will price on June 30 and settle on July 5.

The Cusip number is 46646EHW5.

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