New Issue: JPMorgan prices $2.51 million review notes linked to S&P 500, Russell

By Marisa Wong

Morgantown, W.Va., Nov. 4 – JPMorgan Chase Financial Co. LLC priced $2.51 million of 0% review notes due Oct. 31, 2019 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will be called at par plus an annualized call premium of 10% if each index closes at or above its initial level on any of three annual review dates.

The payout at maturity will be par unless either index falls by more than 15%, in which case investors will lose 1% for every 1% decline in the lesser performing index beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Review notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$2,513,000
Maturity:	Oct. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless either index falls by more than 15%, in which case 1% loss for every 1% decline in the lesser performing index beyond 15%
Call:	At par plus 10% per year if each index closes at or above initial level on Nov. 3, 2017, Oct. 29, 2018 or Oct. 28, 2019
Initial levels:	2,133.04 for S&P 500 and 1,189.947 for Russell
Pricing date:	Oct. 27
Settlement date:	Nov. 1
Agent:	J.P. Morgan Securities LLC
Fees:	0.4%
Cusip:	46646EU26

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