JPMorgan plans contingent coupon callable notes linked to indexes

By Susanna Moon

Chicago, July 18 – JPMorgan Chase Financial Co. LLC plans to price contingent callable yield notes due July 24, 2018 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent quarterly coupon at an annualized rate of 9.75% if each index closes at or above its coupon barrier, 70% of its initial level, on the observation date for that quarter.

The notes will be callable at par on any coupon payment date other than the final date.

The payout at maturity will be par unless any index finishes below its 70% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on July 19 and settle on July 22.

The Cusip number is 46646EQB1.

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