By Susanna Moon
Chicago, Oct. 6 – JPMorgan Chase & Co. priced $810,600 of 0% trigger performance securities due Sept. 30, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 152.5% of any gain in the index.
Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% trigger level.
UBS Financial Services Inc. is the distributor.
| Issuer: | JPMorgan Chase & Co.
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| Issue: | Trigger performance securities
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| Underlying index: | S&P 500
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| Amount: | $810,600
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| Maturity: | Sept. 30, 2021
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| Price: | Par
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| Payout at maturity: | Par plus 152.5% of any index gain; par if index falls by up to 25%; full exposure to any losses if index falls below trigger level
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| Initial level: | 1,931.34
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| Trigger level: | 75% of the initial level
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| Pricing date: | Sept. 25
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| Settlement date: | Sept. 30
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| Agent: | UBS Financial Services Inc.
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| Fees: | 0.5%
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| Cusip: | 48127V173
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