JPMorgan plans contingent income callable notes linked to indexes

By Susanna Moon

Chicago, June 21 – JPMorgan Chase Financial Co. LLC plans to price contingent income callable securities due June 28, 2018 linked to the S&P 500 index, the Euro Stoxx 50 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 at least 10.7% if each index closes at or above its downside threshold, 65% of its initial level, on each day during the quarter. The exact contingent coupon will be set at pricing.

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

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

J.P. Morgan Securities LLC is the agent with distribution through Morgan Stanley Wealth Management.

The notes will price on June 24.

The Cusip number is 46646EJE3.

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