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Published on 6/8/2018 in the Prospect News Structured Products Daily.

JPMorgan plans 8%-10% contingent interest autocalls on three indexes

By Susanna Moon

Chicago, June 8 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due June 30, 2021 linked to the least 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.

The notes will pay a contingent quarterly coupon at an annual rate of 8% to 10% if each index closes at or above its 70% coupon barrier on the review date for that quarter.

The notes will be called at par plus the contingent coupon if each index closes at or above its initial level on any review date other than the first and final dates.

The payout at maturity will be par unless any underlying index finishes below 70% trigger level, in which case investors will be fully exposed to 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 June 29 and settle on July 5.

The Cusip number is 48129MYC4.


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