JPMorgan to price trigger callable contingent yield notes on indexes

By Marisa Wong

Morgantown, W.Va., Sept. 14 – JPMorgan Chase Financial Co. LLC plans to price trigger callable contingent yield notes with daily coupon observation and six-month initial non-call period due March 20, 2020 linked to the least performing of 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 at least 10% if each index closes at or above its coupon barrier level, 75% of its initial level, on each day during the quarterly observation period.

The notes will be callable at par plus the coupon, if any, on any quarterly observation date other than the final one beginning March 15, 2018.

The payout at maturity will be par plus the coupon unless any index finishes below its downside threshold level, 75% of its initial level, in which case investors will lose 1% for each 1% decline of the worst performing index from its initial level.

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

The notes will price on Sept. 15.

The Cusip number is 48129J541.

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