New Issue: JPMorgan sells $2.98 million 4.25% yield notes linked to three indexes

By Devika Patel

Knoxville, Tenn., April 17 – JPMorgan Chase Financial Co. LLC priced $2.98 million of 4.25% yield notes due Feb. 15, 2018 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest is payable quarterly.

If each index finishes at or above its initial level and never closes below its trigger level, 65% of its initial level, during the life of the notes, the payout at maturity will be par plus the final coupon. Otherwise, investors will lose 1% for each 1% decline of the least-performing index from its initial level.

The notes are callable at par on any quarterly call notice date.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Yield notes
Underlying indexes:	S&P 500, Russell 2000 and Euro Stoxx 50
Amount:	$2,981,000
Maturity:	Feb. 15, 2018
Coupon:	4.25%, payable quarterly
Price:	Par
Payout at maturity:	If each index finishes at or above initial level and never closes below trigger level during life of notes, par plus coupon; otherwise, 1% loss for each 1% decline of least-performing index from initial level
Initial levels:	2,353.78 for S&P, 1,376.946 for Russell and 3,470.04 for Stoxx
Trigger levels:	1,529.957 for S&P, 895.0149 for Russell and 2,255.526 for Stoxx; 65% of initial levels
Pricing date:	April 13
Settlement date:	April 19
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	46646Q5R2

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