New Issue: JPMorgan prices $2.48 million 5.25% callable yield notes tied to two indexes, fund

By Susanna Moon

Chicago, Feb. 10 – JPMorgan Chase Financial Co. LLC priced $2.48 million of 5.25% callable yield notes due Feb. 11, 2019 linked to the S&P 500 index, Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest is payable quarterly.

The notes are callable at par on any interest payment date other than first and final dates.

The payout at maturity will be par unless any component finishes below its 55% trigger level, in which case investors will lose 1% for each 1% decline of the worst performer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Callable yield notes
Underlying assets:	Russell 2000 index, S&P 500 index and iShares MSCI EAFE ETF
Amount:	$2,476,000
Maturity:	Feb. 11, 2019
Coupon:	5.25%, payable quarterly
Price:	Par
Payout at maturity:	Par unless any component finishes below trigger, in which case full exposure to loss of worst performing asset
Call option:	At par on any quarterly review date other than first and final dates
Initial levels:	2,297.42 for S&P, 1,377.837 for Russell, $60.14 for iShares MSCI EAFE
Trigger levels:	1,263.581 for S&P, 757.81035 for Russell, $33.077 for iShares MSCI EAFE; 55% of initial value
Pricing date:	Feb. 3
Settlement date:	Feb. 8
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	46646QZZ1

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