JPMorgan plans 6% autocallable yield notes tied to fund, two indexes

By Susanna Moon

Chicago, July 14 – JPMorgan Chase Financial Co. LLC plans to price 6% autocallable yield notes due Oct. 25, 2017 linked to the lesser performing of the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest is payable monthly.

The notes will be redeemed at par plus the contingent coupon if each component closes at or above its initial level on any review date other than the final date.

The payout at maturity will be par unless any component closes below its trigger level, 63% of its initial level, in which case investors will be fully exposed to any losses of the worst performing component.

J.P. Morgan Securities LLC is the agent.

The notes will price on July 20 and settle on July 25.

The Cusip number is 46646ENT5.

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