New Issue: JPMorgan prices $787,000 of 4.75% yield notes on S&P 500, Russell

By Devika Patel

Knoxville, Tenn., Oct. 28 – JPMorgan Chase Financial Co. LLC priced $787,000 of 4.75% yield notes due Sept. 29, 2017 linked to 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 lose 1% for each 1% decline 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 and Russell 2000
Amount:	$787,000
Maturity:	Sept. 29, 2017
Coupon:	4.75%, 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 1% loss for each 1% decline of worse performing index
Initial values:	2,139.43 for S&P and 1,204.749 for Russell
Trigger values:	1,497.601 for S&P and 843.3243 for Russell, 70% of initial values
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	J.P. Morgan Securities LLC
Fees:	1.55781%
Cusip:	46646EK43

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