New Issue: JPMorgan prices $3 million 6.3% autocallable yield notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Nov. 21 – JPMorgan Chase Financial Co. LLC priced $3 million of 6.3% autocallable yield notes due Feb. 21, 2020 linked to the least 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 will be guaranteed by JPMorgan Chase & Co.

Interest is payable monthly.

The notes will be automatically called at par if each index closes at or above its initial level on any quarterly review date other than the final one.

The payout at maturity will be par unless any index finishes below its initial level and ever closes below its 60% trigger level, in which case investors will be fully exposed to the decline of the least performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Autocallable yield notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$3 million
Maturity:	Feb. 21, 2020
Coupon:	6.3%, payable monthly
Price:	Par
Payout at maturity:	Par unless any index finishes below initial level and ever closes below its trigger level, in which case full exposure to decline of least performing index
Call:	At par if each index closes at or above its initial level on any quarterly review date other than final one
Initial levels:	1,527.533 for Russell, 2,736.27 for S&P
Trigger levels:	916.5198 for Russell, 1,614.762 for S&P, 60% of initial levels
Pricing date:	Nov. 16
Settlement date:	Nov. 21
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	48130WDA6

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