JPMorgan plans callable contingent interest notes on three indexes

By Sarah Lizee

Olympia, Wash., Oct. 23 – JPMorgan Chase Financial Co. LLC plans to price callable contingent interest notes due Nov. 2, 2021 linked to the lesser performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent semiannual coupon at an annual rate of at least 7.75% if each index closes at or above its 70% coupon barrier on the related semiannual determination date.

The notes are callable at par on any semiannual determination date other than the final date.

The payout will be par unless any index finishes below its 70% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 26 and settle on Nov. 2.

The Cusip number is 48130UM44.

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