JPMorgan to price contingent interest autocallables on Dow, Nasdaq

New York, April 19 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due Oct. 30, 2019 linked to the lesser performing of the Dow Jones Industrial average and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

Each quarter, the notes will pay a contingent coupon if each index closes at or above its interest barrier level, 70% of the initial level, on the review date for that quarter. The contingent coupon rate is expected to be at least 6.65% per year and will be set at pricing.

The notes will be automatically called at par plus the contingent coupon if both indexes close at or above their initial levels on any review date other than the final one.

If the notes have not been called, the payout at maturity will be par plus the final coupon unless either index closes below the trigger value, 70% of its initial level, on any day during the life of the notes and finishes below its initial level in which case investors will lose 1% for every 1% that the least-performing index declines.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 25 and settle on April 30.

The Cusip number is 48129MA71.

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