JPMorgan to price callable contingent interest notes on three indexes

By Marisa Wong

Morgantown, W.Va., Oct. 20 – JPMorgan Chase Financial Co. LLC plans to price callable contingent interest notes due Oct. 29, 2018 linked to the least 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.

The notes are guaranteed by JPMorgan Chase & Co.

Each quarter, the notes will pay a contingent coupon if each index closes at or above its barrier level, 65% of its initial level, on the review date for that quarter. The contingent interest rate is expected to be at least 8.8% and will be set at pricing.

The notes will be callable at par plus the contingent coupon on any interest payment date other than the final one.

If the notes have not been called, the payout at maturity will be par plus the final interest payment unless any index finishes below its trigger value, 65% of its initial level, in which case investors will lose 1% for each 1% decline of the least-performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 21 and settle on Oct. 28.

The Cusip number is 46646E2G6.

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