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Published on 2/7/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.84 million 6.7% trigger yield notes linked to Wells Fargo

By Wendy Van Sickle

Columbus, Ohio, Feb. 7 – JPMorgan Chase Financial Co. LLC priced $3.84 million of 6.7% trigger yield notes due Aug. 7, 2018 linked to the common stock of Wells Fargo & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest is payable monthly.

The payout at maturity will be par unless the final price is less than 85% of the initial share price, in which case investors will be fully exposed to the decline.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Trigger yield notes
Underlying stock:Wells Fargo & Co.
Amount:$3,835,000
Maturity:Aug. 7, 2018
Coupon:6.7%, payable monthly
Price:Par
Payout at maturity:If final share price is less than trigger price, exposure to decline; otherwise, par
Initial share price:$64.07
Trigger price:$54.46, 85% of initial price
Pricing date:Feb. 2
Settlement date:Feb. 7
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:1%
Cusip:48129L603

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