JPMorgan plans autocallable yield notes linked to index, fund

By Wendy Van Sickle

Columbus, Ohio, July 8 – JPMorgan Chase Financial Co. LLC plans to price autocallable yield notes due Oct. 25, 2017 linked to the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly at an annual rate of at least 6%, with the exact percentage to be set at pricing.

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

The payout at maturity will be par unless either asset finishes below its initial level and either asset as closed below its 63% trigger level any day during the life of the notes, in which case investors will be fully exposed to the decline of the worse performing asset.

J.P. Morgan Securities LLC is the agent.

The notes will price on July 20 and settle on July 25.

The Cusip number is 46646ENT5.

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