New Issue: JPMorgan prices $206,000 5.25% yield notes on S&P 500, Russell

By Marisa Wong

Morgantown, W.Va., Aug. 1 – JPMorgan Chase Financial Co. LLC priced $206,000 of 5.25% 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 closes below its trigger level, 70% of its initial level, on any day during the life of the notes and either index finishes below its initial level, in which case investors will be fully exposed to any losses of the worse 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:	$206,000
Maturity:	March 31, 2017
Coupon:	5.25%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index ever closes below trigger level and return of worse performing index is negative, in which case full exposure to any losses of worse performing index
Initial levels:	2,169.18 for S&P 500 and 1,216.859 for Russell
Trigger levels:	1,518.426 for S&P 500 and 851.8013 for Russell; 70% of initial levels
Pricing date:	July 26
Settlement date:	July 29
Agent:	J.P. Morgan Securities LLC
Fees:	1.625%
Cusip:	46646ELX8

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