New Issue: JPMorgan sells $2.01 million contingent income autocallables on Home Depot

Chicago, Feb. 9 – JPMorgan Chase Financial Co. LLC priced $2.01 million of contingent income autocallable securities due April 20, 2023 linked to the common stock of Home Depot, Inc., according to a 424B2 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 7.25% if Home Depot shares close at or above the barrier level, 80% of the initial share price, on the review date for that quarter.

Beginning Jan. 19, 2017, the notes will be called at par plus the contingent coupon if Home Depot shares close at or above the initial share price on any quarterly review date other than the final one.

If the stock finishes at or above the 80% trigger level, the payout at maturity will be par plus the contingent coupon. Otherwise, investors will lose 1% for each 1% decline.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC is the distributor.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent income autocallable securities
Underlying stock:	Home Depot, Inc. (Symbol: HD)
Amount:	$2,011,000
Maturity:	April 20, 2023
Coupon:	7.25% annualized for each quarter that Home Depot stock closes at or above barrier level on review date for that quarter
Price:	Par of $10.00
Payout at maturity:	Par plus contingent coupon unless the stock finishes below its trigger level, in which case 1% loss for each 1% decline from stock’s initial level
Call:	At par plus contingent coupon if Home Depot shares close at or above initial share price on any quarterly review date other than the final date
Initial share price:	$328.08
Barrier/trigger level:	$262.464, 80% of initial share price
Pricing date:	April 16
Settlement date:	April 21
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48132V457

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