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Published on 2/12/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $4.69 million 7% yield autocallables tied to three indexes

By Susanna Moon

Chicago, Feb. 12 – JPMorgan Chase Financial Co. LLC priced $4.69 million of 7% autocallable yield notes due Feb. 4, 2019 linked to the worst 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.

Interest is payable monthly.

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

The payout at maturity will be par unless any index finishes below its initial level and ever closes below its 70% trigger level during the life of the notes, in which case investors will be fully exposed to any losses of the worst 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:Autocallable yield notes
Underlying indexes:S&P 500, Russell 2000, Euro Stoxx 50
Amount:$4.69 million
Maturity:Feb. 4, 2019
Issue price:Par
Coupon:7% annualized, payable monthly
Payout at maturity:Par unless any index falls and ever dips below 70% trigger, in which case 1% loss per 1% decline of worst performing index
Call:At par if each index closes at or above initial level on any review date other than final date
Initial levels:2,822.43 for S&P, 1,582.817 for Russell, 3,606.75 for Stoxx
Barrier levels:1,975.701 for S&P, 1,107.9719 for Russell, 2,524.725 for Stoxx; 70% of initial levels
Pricing date:Jan. 30
Settlement date:Feb. 2
Agent:J.P. Morgan Securities LLC
Fees:0.6%
Cusip:48129HM87

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