New Issue: JPMorgan prices $6.56 million 7.25% yield autocalls tied to S&P 500, Russell

By Susanna Moon

Chicago, June 11 – JPMorgan Chase Financial Co. LLC priced $6.56 million of 7.25% autocallable yield notes due Aug. 30, 2019 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 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:	Russell 2000 index, S&P 500 index
Amount:	$6,561,000
Maturity:	Aug. 30, 2019
Coupon:	7.25% annualized, payable monthly
Price:	Par
Payout at maturity:	Par unless either index ever closes below its 70% trigger level, in which case full exposure to any losses of worse performing index
Call:	At par plus contingent coupon if each index closes at or above initial level on any quarterly review date other than final date
Initial levels:	1,633.609 for Russell and 2,705.27 for S&P
Trigger levels:	1,143.5263 for Russell and 1,893.689 for S&P, 70% of initial levels
Pricing date:	May 31
Settlement date:	June 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.47824%
Cusip:	48129MQU3

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