New Issue: JPMorgan sells $650,000 5.9% yield notes tied to Russell 2000, S&P 500

By Marisa Wong

Morgantown, W.Va., April 10 – JPMorgan Chase Financial Co. LLC priced $650,000 of 5.9% yield notes due Dec. 24, 2019 linked to the lesser performing of the Russell 2000 index and S&P 500 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 70% trigger 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 every 1% decline of the lesser performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Yield notes
Underliers:	Russell 2000 index and S&P 500 index
Amount:	$650,000
Maturity:	Dec. 24, 2019
Coupon:	5.9%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index closes below its 70% trigger level on any day during the life of the notes and either index finishes below its initial level, in which case 1% loss for every 1% decline of the lesser performing index
Initial levels:	1,554.985 for Russell and 2,832.57 for S&P
Trigger levels:	1,088.4895 for Russell and 1,982.799 for S&P
Pricing date:	March 19
Settlement date:	March 22
Agent:	J.P. Morgan Securities LLC
Fees:	0.35%
Cusip:	48130WK75

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