New Issue: JPMorgan prices $25.18 million autocallable notes linked to S&P 500, Russell 2000

By Susanna Moon

Chicago, Sept. 26 – JPMorgan Chase & Co. priced $25.18 million of 0% autocallable notes due Sept. 28, 2017 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call premium of 12.2% per year if each index closes at or above its initial price on any of three annual call dates.

The payout at maturity will be par unless either index finishes below its barrier level, 85% of its initial level, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Autocallable notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$25,178,000
Maturity:	Sept. 28, 2017
Coupon:	0%
Price:	Par
Call:	Par plus annualized call premium of 12.2% if both indexes finish at or above their initial levels on annual call date
Payout at maturity:	Par unless either index finishes below barrier level, in which case full exposure to worst performing index
Barrier levels:	1,698.55 for S&P, 959.0635 for Russell; 85% of initial levels
Pricing date:	Sept. 24
Settlement date:	Sept. 29
Agent:	J.P. Morgan Securities LLC
Fees:	2.5%
Cusip:	48127DE46

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