New Issue: JPMorgan prices $3.4 million 5.6% yield notes tied to S&P 500, Stoxx 50

By Susanna Moon

Chicago, March 1 – JPMorgan Chase Financial Co. LLC priced $3.4 million of 5.6% yield notes due Dec. 13, 2018 linked to the worst performing of the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless either index finishes below its initial level and ever closes below its 65% trigger level during the life of the notes, in which case investors will be fully exposed to any losses of the worse performing index.

The notes are guaranteed by JPMorgan Chase & Co.

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, Euro Stoxx 50
Amount:	$3,399,000
Maturity:	Dec. 13, 2018
Issue price:	Par
Coupon:	5.6% annualized, payable monthly
Payout at maturity:	Par unless either index falls and ever dips below 65% trigger, in which case 1% loss per 1% decline of worse performing index
Initial levels:	2,581 for S&P, 3,377.30 for Stoxx, closing levels on strike date
Barrier levels:	1,677.65 for S&P, 2,195.245 for Stoxx; 65% of initial levels
Strike date:	Feb. 8
Pricing date:	Feb. 9
Settlement date:	Feb. 14
Agent:	J.P. Morgan Securities LLC
Fees:	0.49316%
Cusip:	48129H5Y9

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