New Issue: JPMorgan sells $485,000 6% yield autocallables tied to S&P 500, Russell

By Susanna Moon

Chicago, June 16 – JPMorgan Chase Financial Co. LLC priced $485,000 of 6% autocallable yield notes due Sept. 6, 2018 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 notes will be called at par if each index closes at or above its initial level on any review date other than the final date.

The payout at maturity will be par 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:	Autocallable yield notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$485,000
Maturity:	Sept. 6, 2018
Issue price:	Par
Coupon:	6% annualized, payable monthly
Payout at maturity:	Par unless either index falls and ever dips below 70% trigger, in which case 1% loss per 1% decline of worse performing index
Call:	At par if each index closes at or above initial level on any review date other than final date
Initial levels:	2,411.80 for S&P, 1,370.208 for Russell
Trigger levels:	1,688.26 for S&P, 959.1456 for Russell, 70% of initial levels
Pricing date:	May 31
Settlement date:	June 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.25%
Cusip:	46647MAC7

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