New Issue: JPMorgan prices $215,000 digital dual directional notes tied to Stoxx Europe 600

By Wendy Van Sickle

Columbus, Ohio, July 19 – JPMorgan Chase Financial Co. LLC priced $215,000 of 0% digital dual directional contingent buffered notes due Aug. 23, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the final index level is at least 85% of the initial index level, the payout at maturity will be par plus 9.2%. Otherwise, investors will have one-to-one exposure to the index’s decline from its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital dual directional contingent buffered notes
Underlying index:	Stoxx Europe 600
Amount:	$215,000
Maturity:	Aug. 23, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least 85% of initial level, par plus 9.2%; otherwise, 1-to-1 exposure to decline from initial level
Initial index level:	337.92
Final index level:	Average of index’s closing levels on five trading days ending Aug. 18, 2017
Pricing date:	July 15
Settlement date:	July 20
Agent:	J.P. Morgan Securities LLC
Fees:	1.04%
Cusip:	46646EPE6

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