New Issue: JPMorgan prices $5.39 million 6.75% fixed coupon callable notes tied to three indexes

By Wendy Van Sickle

Columbus, Ohio, Oct. 6 – JPMorgan Chase Financial Co. LLC priced $5.39 million of 6.75% fixed coupon callable securities due Oct. 3, 2018 linked to the worst performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are callable at par on any contingent payment date other than the final date.

The payout at maturity will be par plus the coupon unless any index finishes below the 65% 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. Morgan Stanley Smith Barney LLC is a dealer.

The notes are guaranteed by JPMorgan Chase & Co.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Fixed coupon callable securities
Underlying indexes:	S&P 500, Russell 2000, Euro Stoxx 50
Amount:	$8.22 million
Maturity:	Oct. 3, 2018
Coupon:	6.75%, payable quarterly
Price:	Par of $1,000
Call option:	At par on any payment date other than final date
Payout at maturity:	Par plus coupon unless any index finishes below 65% trigger level, in which case full exposure to any losses of the worst performing index
Initial levels:	2,168.27 for S&P, 1,251.646 for Russell, 3,002.24 for Stoxx
Trigger levels:	65% of initial levels
Pricing date:	Sept. 30
Settlement date:	Oct. 5
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	46646EF31

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