JPMorgan to price autocallable trigger PLUS on S&P, Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Feb. 8 – JPMorgan Chase Financial Co. LLC plans to price 0% autocallable trigger Performance Leveraged Upside Securities due Aug. 14, 2019 linked to the worse performing of the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The notes will be automatically called at a redemption payment of at least $11.00 per $10.00 PLUS if each indexes closes at or above its initial level on Aug. 9, 2018.

If the notes are not called and each index finishes above its initial level, the payout at maturity will be par plus 150% of the gain in the worse performing index.

If either index falls but both finish at or above the 80% trigger level, the payout will be par.

If either index finishes below the trigger level, investors will be fully exposed to the decline of the worse performing index.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

The notes will price Feb. 9.

The Cusip number is 48129L843.

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