New Issue: JPMorgan prices $605,000 8.1% trigger callable yield notes on indexes

By Wendy Van Sickle

Columbus, Ohio, Jan. 27 – JPMorgan Chase & Co. priced $605,000 of 8.1% trigger callable yield notes due Jan. 26, 2018 linked to the least performing of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

Interest will be payable quarterly.

The notes are callable at par plus the contingent coupon on any quarterly observation date other than the final date.

The payout at maturity will be par plus the contingent 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.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:	JPMorgan Chase & Co.
Issue:	Trigger callable yield notes
Underlying indexes:	S&P 500, Euro Stoxx 50, Russell 2000
Amount:	$605,000
Maturity:	Jan. 26, 2018
Coupon:	8.1%
Price:	Par of $10
Call:	At par plus the contingent coupon on any quarterly observation date
Payout at maturity:	Par unless either index closes below 65% of its initial level, in which case full exposure to decline of lesser-performing index
Initial levels:	1,906.90 for S&P 500, 3,023.21 for Euro Stoxx 50, 1,020.66 for Russell 2000
Trigger levels:	1,239.49 for S&P 500, 1,965.09 for Euro Stoxx 50, 663.429 for Russell 2000, 65% of initial levels
Pricing date:	Jan. 22
Settlement date:	Jan. 27
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48128A426

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