JPMorgan plans contingent interest autocallables tied to three stocks

By Susanna Moon

Chicago, July 7 – JPMorgan Chase Financial Co. LLC plans to autocallable contingent interest notes due July 30, 2018 linked to the lesser performing of the class B common stock of Berkshire Hathaway Inc., the common stock of Southwest Airlines Co. and the class A common stock of Under Armour, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent monthly coupon at an annual rate of 9.25% to 12.25% if each stock closes above its 50% interest barrier on the observation date for that month. The exact coupon will be set at pricing.

The notes will be called at par if each stock closes at or above its initial level on any quarterly review date.

The payout at maturity will be par unless any stock finishes below its 50% trigger level, in which case investors will be fully exposed any losses of the wors6 performing stock.

J.P. Morgan Securities LLC is the agent.

The notes will price on July 25 and settle on July 28.

The Cusip number is 46646ENE8.

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