New Issue: JPMorgan prices $4.45 million 5.1% yield notes linked to Russell, EAFE

By Sarah Lizee

Olympia, Wash., Oct. 16 – JPMorgan Chase Financial Co. LLC priced $4.45 million of 5.1% yield notes due Oct. 13, 2020 linked to the lesser performing of the MSCI EAFE index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par unless either index finishes below its buffer level, 80% of its initial level, in which case investors will lose 1.25% for every 1% that the lesser-performing index falls beyond the buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Autocallable yield notes
Underlying indexes:	MSCI EAFE and Russell 2000
Amount:	$4.45 million
Maturity:	Oct. 13, 2020
Coupon:	5.1%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index finishes below its buffer level, 80% of its initial level, in which case investors will lose 1.25% for every 1% that the lesser-performing index falls beyond the buffer
Initial levels:	1,472.598 for Russell 2000 and 1,851.23 for EAFE
Buffer values:	80% of initial levels
Pricing date:	Oct. 8
Settlement date:	Oct. 11
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132FXG6

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