New Issue: JPMorgan prices $1 million 6.65% callable yield notes linked to indexes, EAFE ETF

By Angela McDaniels

Tacoma, Wash., Oct. 9 – JPMorgan Chase & Co. priced $1 million of 6.65% callable yield notes due Oct. 17, 2017 linked to the least performing of the iShares MSCI EAFE exchange-traded fund, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are callable at par on any interest payment date other than the final date.

The payout at maturity will be par unless any underlier finishes below its trigger level, 60% of its initial level, in which case investors will experience a loss proportionate to the decline of the least-performing underlier.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Callable yield notes
Underliers:	iShares MSCI EAFE ETF, Russell 2000 index and S&P 500 index
Amount:	$1 million
Maturity:	Oct. 17, 2017
Coupon:	6.65%, payable quarterly
Price:	Par
Payout at maturity:	Par unless any underlier finishes below trigger level, in which case investors will experience loss proportionate to decline of least-performing component
Call option:	At par on any interest payment date other than final date
Initial levels:	1,995.83 for S&P 500, 1,152.604 for Russell 2000 and $60.46 for ETF
Trigger levels:	1,197.498 for S&P 500, 691.5624 for Russell 2000 and $36.276 for ETF; 60% of initial levels
Pricing date:	Oct. 7
Settlement date:	Oct. 13
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48128GAA8

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