JPMorgan plans autocallable yield notes linked to ETF, indexes

By Marisa Wong

Morgantown, W.Va., Nov. 7 – JPMorgan Chase Financial Co. LLC plans to price autocallable yield notes due Feb. 23, 2018 linked to the least performing of the Russell 2000 index, the S&P 500 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest will be payable monthly at an annualized rate of at least 6.35%.

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

The payout at maturity will be par unless any underlying asset finishes below its initial level and any underlying asset closes below its 60% trigger level on any day during the life of the notes, in which case investors will be fully exposed to the decline of the least performing asset.

J.P. Morgan Securities LLC is the agent.

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

The Cusip number is 46646E3B6.

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