New Issue: JPMorgan sells $8.47 million digital equity notes tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Oct. 20 – JPMorgan Chase Financial Co. LLC priced $8.47 million of 0% digital equity notes due Nov. 24, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is greater than or equal to negative 10%, the payout at maturity will be the threshold settlement amount of $1,090.50 per $1,000 principal amount.

If the index return is less than negative 10%, investors will lose 1.1111% for each 1% decline beyond 10%.

J.P. Morgan Securities LLC is the underwriter.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital equity notes
Underlying index:	Euro Stoxx 50
Amount:	$8,469,000
Maturity:	Nov. 24, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 10%, threshold settlement amount of $1,090.50 for each $1,000 principal amount; otherwise, 1.1111% loss per 1% drop beyond 10%
Initial index level:	3,046.99
Pricing date:	Oct. 18
Settlement date:	Oct. 25
Agent:	J.P. Morgan Securities LLC
Fees:	1.13%
Cusip:	46646ET85

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