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Published on 4/16/2018 in the Prospect News Structured Products Daily.

JPMorgan plans 8% yield autocalls due 2019 tied to three indexes

By Susanna Moon

Chicago, April 16 – JPMorgan Chase Financial Co. LLC plans to price at least 8% autocallable yield notes due May 2, 2019 linked to the lesser performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly, with the exact rate to be set at pricing.

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

The payout at maturity will be par unless any index ever closes below its 70% trigger level during the life of the notes, in which case investors will be fully exposed any losses of the worst performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 27.

The Cusip number is 48129MMB9.


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