JPMorgan plans contingent interest autocallables tied to three indexes

By Susanna Moon

Chicago, Sept. 25 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due April 9, 2019 linked to the lesser performing of the Dow Jones industrial average, Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent quarterly coupon at an annual rate of at least 6.1% if each index closes at or above its 70% coupon barrier on the determination date for that quarter.

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

The payout will be par unless any index finishes below its initial level and ever closes below its 70% trigger level during the life of the notes, 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 price on Oct. 4 and settle on Oct. 10.

The Cusip number is 46647M7M9.

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