JPMorgan plans contingent yield trigger callable notes tied to indexes

By Susanna Moon

Chicago, Aug. 19 – JPMorgan Chase Financial Co. LLC plans to price trigger callable contingent yield notes due Feb. 26, 2019 linked to the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 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 6.75% to 7.75% if each index closes above its 65% coupon barrier on each day during the observation period for that quarter.

The notes will be callable at par plus the contingent coupon on any quarterly observation date after one year.

The payout at maturity will be plus the final coupon unless any index finishes below its 65% 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 settle on Aug. 26.

The Cusip number is 46646X639.

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