JPMorgan to price contingent interest autocallables on ETF, index

By Marisa Wong

Morgantown, W.Va., May 21 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due May 27, 2021 linked to the lesser performing of the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund and Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent quarterly coupon at an annual rate of at least 9.7% if each underlying closes at or above its 65% coupon barrier on the related quarterly review date.

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

The payout at maturity will be par unless either underlying finishes below its 65% trigger level, in which case investors will be fully exposed to any losses of the worse performing underlying.

J.P. Morgan Securities LLC is the agent.

The notes will price May 22.

The Cusip number is 48129MUR5.

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