New Issue: JPMorgan prices $1.01 million callable contingent interest notes linked to indexes

By Angela McDaniels

Tacoma, Wash., Sept. 11 – JPMorgan Chase Financial Co. LLC priced $1.01 million of callable contingent interest notes due Sept. 14, 2018 linked to the least performing of the Euro Stoxx 50 Net Return index, the Russell 2000 Total Return index and the S&P 500 Total Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Each quarter, the notes pay a contingent coupon at an annual rate of 8.6% if each index closes at or above its trigger value, 70% of its initial level, on the review date for that quarter.

The notes are callable at par on any interest payment date other than the final interest payment date.

If the notes have not been called, the payout at maturity will be par unless any index closes below its trigger value during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the least-performing index declines from its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Callable contingent interest notes
Underlying indexes:	Euro Stoxx 50 Net Return, Russell 2000 Total Return and S&P 500 Total Return
Amount:	$1,005,000
Maturity:	Sept.14, 2018
Contingent coupon:	8.6% per year, payable quarterly if each index closes at or above trigger value on review date for that quarter
Price:	Par
Payout at maturity:	Par unless any index closes below trigger value during life of notes and any index finishes below initial level, in which case 1% loss for every 1% that least-performing index declines from initial level
Call:	Callable at par on any interest payment date other than final one
Initial index levels:	4,777.928 for S&P, 6,849.348 for Russell and 6,914.09 for Euro Stoxx
Trigger values:	3,344.5496 for S&P, 4,794.5436 for Russell and 4,839.863 for Euro Stoxx; 70% of initial levels
Pricing date:	Sept. 7
Settlement date:	Sept. 12
Agent:	J.P. Morgan Securities LLC
Fees:	0.4%
Cusip:	46647M6B4

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