JPMorgan plans autocallable yield notes linked to ETF, indexes

By Wendy Van Sickle

Columbus, Ohio, Nov. 4 – JPMorgan Chase Financial Co. LLC plans to price autocallable yield notes due Nov. 19, 2018 linked to the least performing of the Russell 2000 index, the S&P 500 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest will be payable quarterly at an annualized rate of 4.75% to 5.25%.

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

The payout at maturity will be par unless the final level of any underlying asset is less than its 50% trigger level, in which case investors will be fully exposed to the loss of the least performing asset.

J.P. Morgan Securities LLC is the agent.

The notes will price on Nov. 9 and settle on Nov. 15.

The Cusip number is 46646E6H0.

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