JPMorgan plans contingent interest callable notes tied to three indexes

By Susanna Moon

Chicago, June 23 – JPMorgan Chase Financial Co. LLC plans to price callable contingent interest notes due July 2, 2018 linked to the least performing of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will pay contingent quarterly interest at an annual rate of at least 11.25% if each index closes above its 70% interest barrier on the observation date for that quarter.

The notes are callable at par on any quarterly review date other than the final date.

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

The exact terms will be set at pricing.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 24 and settle on June 29.

The Cusip number is 46646EJX1.

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