JPMorgan plans 8.4% yield autocalls tied to Nasdaq, Russell, Stoxx

By Susanna Moon

Chicago, Dec. 13 – JPMorgan Chase Financial Co. LLC plans to price 8.4% autocallable yield notes due March 24, 2020 linked to the lesser performing of the Nasdaq-100 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par 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 underlying index ever closes below its 67% 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 price on Dec. 19.

The Cusip number is 48130WDZ1.

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