New Issue: JPMorgan sells $2.58 million PLUS cap, leverage tied to funds, indexes

By Tali Rackner

Norfolk, Va., July 12 – JPMorgan Chase Financial Co. LLC priced $2.58 million of 0% Performance Leveraged Upside Securities due Aug. 4, 2017 linked to a basket of equally weighted indexes and exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The underlying components are the S&P MidCap 400 index, the Russell 2000 index, the iShares MSCI EAFE exchange-traded fund and the iShares MSCI Emerging Markets exchange-traded fund.

The payout at maturity will be par of $10 plus triple any gain in the basket, up to a maximum return of 16.25%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying basket components:	S&P MidCap 400 index, Russell 2000 index, iShares MSCI EAFE ETF and iShares MSCI Emerging Markets ETF
Amount:	$2,577,500
Maturity:	Aug. 4, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If basket return is positive, par plus 300% of basket return, subject to 16.25% maximum return; if basket declines, full exposure to losses
Initial levels:	1,500.2 for S&P MidCap 400, 1,156.77 for Russell 2000, $55.82 for iShares MSCI EAFE ETF and $34.71 for iShares MSCI Emerging Markets ETF
Pricing date:	July 1
Settlement date:	July 7
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	46646W375

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