New Issue: JPMorgan prices $6.48 million trigger performance securities on S&P 500

By Jennifer Chiou

New York, Aug. 27 – JPMorgan Chase & Co. priced $6,475,000 of 0% trigger performance securities due Aug. 29, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 93.39% of the index return. Investors will receive par if the index falls by up to 40% and will be fully exposed to losses from the initial level if it falls by more than 40%.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:	JPMorgan Chase & Co.
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$6,475,000
Maturity:	Aug. 29, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 93.39% of index return; par if index falls by up to 40%; full exposure to losses if index falls more than 40%
Initial index level:	1,997.92
Trigger level:	1,198.75, 60% of initial level
Pricing date:	Aug. 25
Settlement date:	Aug. 28
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	3.5%
Cusip:	48127H604

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