JPMorgan to price trigger autocallables tied to Stoxx Europe 600 Banks

By Marisa Wong

Morgantown, W.Va., July 21 – JPMorgan Chase Financial Co. LLC plans to price 0% step-down trigger autocallable notes due July 31, 2019 linked to the Stoxx Europe 600 Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a call return of 8% to 9% per year if the index closes at or above its initial level on Aug. 1, 2017 or July 27, 2018 or at or above the downside threshold, 60% of the initial level, on July 25, 2019, the final valuation date.

If the notes are not called, investors will lose 1% for every 1% that the index’s final level is less than its initial level.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price July 27.

The Cusip number is 46646X100.

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