JPMorgan plans contingent interest autocallables on Latin America 40

By Marisa Wong

Morgantown, W.Va., Feb. 16 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due Feb. 24, 2023 linked to the iShares Latin America 40 exchange-traded fund, 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 9% if the ETF closes at or above its 85% coupon barrier on the related quarterly review date.

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

The payout at maturity will be par unless the ETF finishes below its trigger value, 50% to 55% of the initial value, in which case investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent.

The notes will price on Feb. 20.

The Cusip number is 48129HS57.

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