JPMorgan plans contingent interest autocallables tied to three indexes

By Marisa Wong

Morgantown, W.Va., April 25 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due Nov. 16, 2016 linked to the least performing of the S&P 500 index, the Nikkei 225 index and the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent monthly coupon at an annual rate of 9% to 10% if each index closes at or above its coupon barrier level, 75% of its initial level, on the review date for that month.

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

The payout at maturity will be par unless any index finishes below its 75% trigger level, in which case investors will be fully exposed to the losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 48128GWU0) will price on May 10 and settle on May 13.

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