JPMorgan to price trigger absolute return autocallables tied to HP

By Marisa Wong

Morgantown, W.Va., Sept. 19 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger absolute return autocallable notes due Sept. 24, 2019 linked to HP Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will be called at par plus an annualized call premium of 10% to 10.35% if the shares close at or above the initial share price on any quarterly observation date.

If the notes are not called and the stock finishes at or above its 75% downside threshold, the payout will be par plus the absolute value of the return.

Otherwise, investors will be fully exposed to any losses.

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

The notes will price on Sept. 20.

The Cusip number is 48129J483.

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