JPMorgan plans autocallable contingent interest notes on three indexes

By Susanna Moon

Chicago, Oct. 14 – JPMorgan Chase & Co. plans to price autocallable contingent interest notes due Oct. 25, 2021 linked to the lesser performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying component closes at or above the 65% barrier level on a quarterly review date, the notes will pay a contingent quarterly coupon at an annual rate of at least 8.3% for that quarter.

If each component closes at or above its initial level on any review date other than the final review date, the notes will be called at par plus the coupon.

If the notes are not called and each component finishes at or above the 50% trigger level, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will be fully exposed to any losses of the worse performing component.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 17 and settle on Oct. 22.

The Cusip number is 48127DL71.

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