New Issue: JPMorgan prices $1.98 million 6% yield notes on S&P 500, Russell 2000

By Tali Rackner

Norfolk, Va., July 7 – JPMorgan Chase Financial Co. LLC priced $1.98 million of 6% yield notes due March 31, 2017 linked to the lesser performing of the S&P 500 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.

Interest is payable monthly.

The payout at maturity will be par unless either index falls by more than 30%, in which case investors be fully exposed to the losses of the lesser-performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Yield notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$1,975,000
Maturity:	March 31, 2017
Coupon:	6%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index falls by more than 30%, in which case full exposure to losses of the lesser-performing index
Initial levels:	2,000.54 for S&P, 1,089.646 for Russell
Trigger values:	1,400.378 for S&P, 762.7522 for Russell, 70% of initial levels
Pricing date:	June 27
Settlement date:	June 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.54076%
Cusip:	46646EFK3

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