JPMorgan plans trigger callable contingent yield notes on three indexes

By Marisa Wong

Morgantown, W.Va., Feb. 2 – JPMorgan Chase Financial Co. LLC plans to price trigger callable contingent yield notes with daily coupon observation due Feb. 11, 2019 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index, 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 coupon at an annual rate of 10% to 11% on a quarter if each index closes at or above its coupon barrier, 70% of its initial level, on each day during that quarter.

The notes will be callable at par plus the coupon, if any, on any quarterly observation date other than the final one.

The payout at maturity will be par unless any index finishes below its 70% downside threshold level, in which case investors will lose 1% for each 1% decline of the worst performing index.

UBS Financial Services Inc. J.P. Morgan Securities LLC are the agents.

The notes will price on Feb. 3.

The Cusip number is 48129F804.

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