JPMorgan plans contingent income autocallables on S&P GSCI Crude Oil

By Susanna Moon

Chicago, March 20 – JPMorgan Chase & Co. plans to price contingent income autocallable securities due April 2, 2018 linked to the S&P GSCI Crude Oil Index Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly payment of at least 2.25% if the index closes at or above the 75% barrier level on the observation date for that quarter.

The notes will be called at par plus the contingent coupon if the index closes at or above the 95% redemption level on any determination date other than the final date.

The payout at maturity will be par plus the final coupon unless the index finishes below the 75% barrier level, in which case investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

The notes will price on March 27.

The Cusip number is 48125UDH2.

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