JPMorgan plans 6.75% yield autocallables due 2018 tied to two indexes

By Susanna Moon

Chicago, Jan. 9 – JPMorgan Chase Financial Co. LLC plans to price 6.75% autocallable yield notes due Jan. 22, 2018 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

Interest will be payable monthly.

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

The payout at maturity will be par unless either index closes below its trigger level, 70% of its initial level, during the life of the notes and either index finishes below its initial level, in which case investors will be fully exposed any losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Jan. 17 and settle on Jan. 20.

The Cusip number is 46646QTT2.

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