JPMorgan to price contingent income autocallables on three indexes

By Marisa Wong

Morgantown, W.Va., Sept. 12 – JPMorgan Chase Financial Co. LLC plans to price contingent income autocallable securities due March 18, 2020 linked to the worst performing of the Russell 2000 index, the S&P 500 index and the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index closes at or above its 75% downside threshold level on each day during a quarter, the notes will pay a contingent payment for that quarter at a rate of at least 9.1% per year.

The notes will be automatically called at par plus any contingent payment if each index closes at or above its initial level on any quarterly determination date other than the final one.

If each index finishes at or above its downside threshold level, the payout at maturity will be par plus the final contingent payment, if any.

Otherwise, investors will lose 1% for each 1% decline of the worst performing index from its initial level.

J.P. Morgan Securities LLC is the agent, with Morgan Stanley Wealth Management handling distribution.

The notes will price on Sept. 13.

The Cusip number is 46647M7A5.

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