JPMorgan to price contingent interest autocallables linked to indexes

By Tali Rackner

Minneapolis, Aug. 28 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due March 5, 2019 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

Each quarter, the notes will pay a contingent coupon if each index closes at or above its interest barrier, 70% of its initial level, on the review date for that quarter. The contingent coupon rate is expected to be at least 6.75% per year and will be set at pricing.

The notes will be automatically called at par plus the contingent coupon if each index closes at or above its initial level on any quarterly review date other than the final date.

The payout at maturity will be par plus the final coupon unless any index finishes below its initial value and any index closes below its 70% trigger value on any day during the life of the notes, in which case investors will lose 1% for each 1% decline of the least-performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 30 and settle on Sept. 5.

The Cusip number is 46647MK93.

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