New Issue: JPMorgan prices $453,000 9.5% autocallable yield notes linked to Euro Stoxx, Russell

By Angela McDaniels

Tacoma, Wash., March 4 – JPMorgan Chase & Co. priced $453,000 of 9.5% autocallable yield notes due Sept. 8, 2017 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each index closes at or above its initial level on March 6, 2017 or June 5, 2017.

If the notes are not called, the payout at maturity will be par unless either index closes below its trigger value, 65% of its initial level, during the life of the notes and either index finishes below its initial level, in which case investors will be fully exposed to the decline of the lesser-performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Autocallable yield notes
Underlying indexes:	Euro Stoxx 50 and Russell 2000
Amount:	$453,000
Maturity:	Sept. 8, 2017
Coupon:	9.5%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index closes below trigger value during life of notes and either index finishes below initial level, in which case full exposure to decline of lesser-performing index
Call:	Automatically at par if each index closes at or above initial level on March 6, 2017 or June 5, 2017
Initial index levels:	3,012.87 for Euro Stoxx 50 and 1,076.048 for Russell 2000
Trigger values:	1,958.3655 for Euro Stoxx 50 and 699.4312 for Russell 2000; 65% of initial levels
Pricing date:	March 3
Settlement date:	March 8
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48128GPP9

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