JPMorgan plans contingent yield trigger autocallables tied to two indexes

By Susanna Moon

Chicago, Oct. 19 – JPMorgan Chase Financial Co. LLC plans to price trigger autocallable contingent yield notes due Oct. 30, 2026 linked to the lesser performing of the MSCI EAFE 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.

The notes will pay a contingent quarterly coupon at an annual rate of 7.75% to 8.75% if each index closes at or above its 70% coupon barrier on the observation date for that quarter.

The notes will be called at par if each index closes at or above its initial level on any quarterly observation date after one year.

The payout at maturity will be par plus the contingent coupon unless either index finishes below the 50% trigger level, in which case investors will lose 1% for each 1% decline of the worse performing index.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price on Oct. 27 and settle on Oct. 31.

The Cusip number is 48128P837.

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