JPMorgan plans 4%-6% 10-month yield notes linked to S&P 500, Russell

By Susanna Moon

Chicago, Aug. 3 – JPMorgan Chase Financial Co. LLC plans to price 4% to 6% annualized yield notes due June 30, 2017 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly, with the exact rate to be set at pricing.

The payout at maturity will be par unless either index closes below its 70% trigger level during the life of the notes and any index finishes below its initial level, in which case investors will be fully exposed any losses of the worse performing index.

The notes will be guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 26 and settle on Aug. 31.

The Cusip number is 46646ESG8.

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