Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
December 02 2016 - 10:41AM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration No. 333-209681
Dated:
December 1, 2016
Pricing Term Sheet
This term sheet supplements the information set forth under Description of the Notes in the Prospectus Supplement, subject to completion, dated
December 1, 2016 to the Prospectus dated April 15, 2016.
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Issuer:
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JPMorgan Chase & Co.
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Security Type:
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SEC Registered Senior Notes
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Security:
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Floating Rate Notes due 2023
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Currency:
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USD
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Size:
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$500,000,000
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Maturity:
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January 15, 2023
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Payment Frequency:
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Quarterly
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Day Count Fraction:
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Actual/360
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Index:
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Three-month LIBOR
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Re-offer Spread to Index:
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+100 basis points
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Price to Public:
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100.0% of face amount
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Proceeds (Before Expenses) to Issuer:
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$498,250,000 (99.650%)
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Interest Payment Dates:
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January 15, April 15, July 15 and October 15 of each
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year, commencing April 15, 2017
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Business Day:
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New York and London
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Business Day Convention:
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Following Business Day
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Reset Frequency:
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Quarterly
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Optional Redemption:
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We may redeem the notes, at our option, in whole, but not in part, on January 15, 2022 upon at least 15 days but no more than 30
days notice to holders of the notes, at a redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest thereon to, but excluding, the date of redemption.
In addition, we may redeem the notes, at our option, in whole at any time or in part from
time to time, on or after December 15, 2022, upon at least 15 days but no more than 30 days notice to holders of the notes, at a redemption price equal to 100% principal amount of the notes being redeemed plus accrued and unpaid interest
thereon to, but excluding, the date of redemption.
The foregoing supplements and
supersedes the information set forth under Description of the Notes in the Prospectus Supplement, subject to completion, dated December 1, 2016 to the Prospectus dated April 15, 2016.
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CUSIP/ISIN:
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48128BAC5 / US48128BAC54
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Trade Date:
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December 1, 2016
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Settlement Date:
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December 8, 2016 (T+5)
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Denominations:
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$2,000 x $1,000
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Sole Bookrunner:
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J.P. Morgan Securities LLC
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Co-Managers:
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ANZ Securities, Inc.
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BMO Capital Markets Corp.
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CIBC World Markets Corp.
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Lloyds Securities Inc
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nabSecurities, LLC
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Mitsubishi UFJ Securities (USA), Inc
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RBC Capital Markets, LLC
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RBS Securities Inc.
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SG Americas Securities, LLC
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Santander Investment Securities Inc.
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Standard Chartered Bank
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Scotia Capital (USA) Inc.
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TD Securities (USA) LLC
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UniCredit Capital Markets LLC
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Academy Securities, Inc.
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Loop Capital Markets LLC
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Samuel A. Ramirez & Company, Inc.
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The Williams Capital Group, L.P.
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Certain of the underwriters are not U.S. registered broker-dealers, and will not effect any offers or sales of any notes in
the United States unless it is through one or more U.S. registered broker-dealers as permitted by the regulations of the Financial Industry Regulatory Authority, Inc.
Settlement Period: The closing will occur on December 8, 2016 which will be more than three U.S. business days after the date of this pricing term sheet. Rule
15c6-1 under the Securities Exchange Act of 1934 generally requires that securities trades in the secondary market settle in three business days, unless the parties to a trade expressly agree otherwise.
JPMorgan Chase & Co. has filed a registration statement (including a prospectus, as supplemented by a prospectus supplement) with the Securities and
Exchange Commission, or SEC, for the offering to which this term sheet relates. Before you invest, you should read the prospectus in that registration statement, the prospectus supplement and any other documents relating to this offering that
JPMorgan Chase & Co. has filed with the SEC for more complete information about JPMorgan Chase & Co. and this offering. You may get these documents without cost by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer,
any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling collect 1-212-834-4533.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was
automatically generated as a result of this communication being sent by Bloomberg or another email system.
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