New Issue: JPMorgan prices $1.06 million 5.25% yield notes tied to two indexes

By Susanna Moon

Chicago, Oct. 3 – JPMorgan Chase Financial Co. LLC priced $1.06 million of 5.25% yield notes due July 31, 2017 linked to the lesser performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par of $10 unless either index finishes below its initial level and ever closes below its 70% trigger level during the life of the notes, in which case investors will be fully exposed to any losses of the worse performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Yield notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$1,056,000
Maturity:	July 31, 2017
Coupon:	5.25%, payable monthly
Price:	Par of $10
Payout at maturity:	Par unless either index falls and ever dips below trigger level, in which case full exposure to any losses of worse performing index
Initial levels:	1,246.381 for Russell and 2,159.93 for S&P
Trigger levels:	872.4667 for Russell and 1,511.951 for S&P; 70% of initial levels
Pricing date:	Sept. 27
Settlement date:	Sept. 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.48911%
Cusip:	46646EXM9

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