JPMorgan plans 0% three-year autocallables tied to two indexes

By Susanna Moon

Chicago, Dec. 21 – JPMorgan Chase Financial Co. LLC plans to price 0% autocallable notes due Dec. 27, 2019 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The notes will be called at par plus an annual call premium of at least 10.3% if each index closes at or above its call level on any annual review date.

The call level will be 100% of the initial level on the first call date, stepping down to 95% of the initial level on the second call date and to 90% of the initial level on the final call date.

The payout at maturity will be par unless either index finishes below its 75% trigger level, in which case investors will be fully exposed any losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Dec. 22 and settle on Dec. 28.

The Cusip number is 46646QGC3.

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