New Issue: JPMorgan prices $2.07 million PLUS linked to S&P 500

By Angela McDaniels

Tacoma, Wash., May 17 – JPMorgan Chase Financial Co. LLC priced $2.07 million of 0% Performance Leveraged Upside Securities due Sept. 6, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 14%. If the index return is negative, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$2,067,800
Maturity:	Sept. 6, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 14% maximum return; if index declines, full exposure to decline
Initial level:	2,046.61
Pricing date:	May 13
Settlement date:	May 18
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	46646W300

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