JPMorgan plans contingent income autocallables linked to three indexes

By Susanna Moon

Chicago, Sept. 22 – JPMorgan Chase & Co. plans to price contingent income autocallable securities due Oct. 11, 2018 linked to the worst performing of the Russell 2000 index, the Euro Stoxx 50 index and the MSCI Emerging Markets index, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 10.25% if each index closes at or above its coupon barrier level, 75% of its initial level, on the observation date for that quarter.

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

The payout at maturity will be par unless any index finishes below its 55% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

The notes will price on Oct. 5.

The Cusip number is 48127Y813.

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