New Issue: JPMorgan prices $4 million enhanced trigger jump notes on gold, silver, copper

By Angela McDaniels

Tacoma, Wash., Jan. 30 – JPMorgan Chase Financial Co. LLC priced $4 million of 0% enhanced trigger jump securities due Feb. 6, 2018 linked to the worst performing of gold, silver and copper, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final value of each commodity is greater than or equal to its downside threshold, 65% of its initial value, the payout at maturity will be par plus 6%. Otherwise, investors will lose 1% for every 1% that the worst-performing commodity declines from its initial value.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Enhanced trigger jump securities
Underlying commodities:	Gold, silver and copper
Amount:	$4 million
Maturity:	Feb. 6, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final value of each commodity is greater than or equal to downside threshold, par plus 6%; otherwise, 1% loss for every 1% that worst-performing commodity declines from initial value
Initial values:	$1,195 for gold, 1,693 cents for silver and $5,867 for copper
Downside thresholds:	$776.75 for gold, 1,100.45 cents for silver and $3,813.55 for copper, or 65% of initial values
Pricing date:	Jan. 25
Settlement date:	Jan. 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.8%
Cusip:	46646QWE1

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