JPMorgan plans 7% contingent interest autocalls tied to three indexes

By Susanna Moon

Chicago, Aug. 24 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due March 5, 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 will pay a contingent quarterly coupon at an annual rate of at least 7% 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 final date.

The payout at maturity will be par unless any index finishes below its initial level and ever closes below its 60% trigger level during the life of the notes, 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 settle on Aug. 30.

The Cusip number is 48130UDQ5.

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