By Susanna Moon
Chicago, Aug. 19 – JPMorgan Chase & Co. priced $4.5 million of 0% Performance Leveraged Upside Securities due Sept. 18, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, capped at 16%.
Investors will share in any losses.
J.P. Morgan Securities LLC is the agent with distribution through Morgan Stanley Wealth Management.
Issuer: | JPMorgan Chase & Co.
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Issue: | Performance Leveraged Upside Securities
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Underlying index: | Euro Stoxx 50
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Amount: | $4.5 million
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Maturity: | Sept. 18, 2015
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 300% of any index gain, capped at 16%; full exposure to losses
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Initial level: | 3,033.52
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Pricing date: | Aug. 15
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Settlement date: | Aug. 20
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Agent: | J.P. Morgan Securities LLC
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Dealer: | Morgan Stanley Wealth Management
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Fees: | 2%
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Cusip: | 481246569
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