JPMorgan plans callable contingent interest notes tied to two indexes

By Marisa Wong

Morgantown, W.Va., Sept. 8 – JPMorgan Chase Financial Co. LLC plans to price callable contingent interest notes due March 12, 2020 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.

The notes are guaranteed by JPMorgan Chase & Co.

Each quarter, the notes will pay a contingent coupon at an annual rate of at least 9.5% if each index closes at or above its 75% interest barrier on each day during that quarter.

The notes are callable at par on any interest payment date other than the first and final dates.

The payout at maturity will be par unless either index finishes below its 60% trigger level, in which case investors will be fully exposed to any losses of the worse performing component.

J.P. Morgan Securities LLC is the agent.

The notes will price Sept. 9.

The Cusip number is 46646EZA3.

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