By Devika Patel
Knoxville, Tenn., Aug. 7 – JPMorgan Chase & Co. priced $9.51 million 0% return optimization securities due Sept. 9, 2016 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 300% of any index gain, up to a maximum return of 14.45%.
Investors will be exposed to any losses.
UBS Financial Services Inc. is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Return optimization securities
|
| Underlying index: | MSCI EAFE
|
| Amount: | $9.51 million
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| Maturity: | Sept. 9, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any gain in the index, capped at 14.45%; exposure to any losses
|
| Initial level: | 1,878.5
|
| Pricing date: | Aug. 5
|
| Settlement date: | Aug. 10
|
| Agents: | UBS Financial Services Inc.
|
| Fees: | 2%
|
| Cusip: | 48127V686
|
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