JPMorgan plans 4.75% trigger callable yield notes linked to indexes

By Devika Patel

Knoxville, Tenn., April 4 – JPMorgan Chase Financial Co. LLC plans to price trigger callable yield notes due April 9, 2020 linked to the least performing of the Euro Stoxx 50 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The interest rate is expected to be at least 4.75% per year and will be payable quarterly.

Beginning July 5, 2018, the notes will be callable at par plus a coupon on any quarterly call date.

The payout at maturity will be par of $10 plus the final coupon unless any index finishes below 50% 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 (Cusip: 48129L264) will price on April 5 and settle April 10.

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