JPMorgan plans to price trigger autocallable contingent yield notes linked to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, June 24 –JPMorgan Chase Financial Co. LLC plans to price trigger autocallable contingent yield notes due June 29, 2018 linked to the lesser performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Each quarter, the notes will pay a contingent coupon at an annual rate of 7.75% to 8.75% if each index closes at or above its downside threshold level, 70% of its initial level, on the observation date for that quarter. The exact coupon will be set at pricing.

The notes will be automatically called at par if each index closes at or above its initial level on any semiannual observation date.

The payout at maturity will be par unless either index finishes below its downside threshold level, in which case investors will be fully exposed to the decline of the lesser-performing index.

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

The notes will price on June 28 and settle on June 30.

The Cusip number is 46646W425.

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