New Issue: JPMorgan prices $3.14 million trigger autocallables linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Oct. 7 – JPMorgan Chase & Co. priced $3.14 million of 0% trigger autocallable optimization securities due Sept. 29, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus a call return of 8% per year if the index closes at or above the initial level on any quarterly observation date.

If the notes are not called and the index finishes at or above the trigger level, 65% of the initial index level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial level.

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

Issuer:	JPMorgan Chase & Co.
Issue:	Trigger autocallable optimization securities
Underlying index:	S&P 500
Amount:	$3,135,920
Maturity:	Sept. 29, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than or equal to trigger level, par; otherwise, full exposure to losses
Call option:	Automatically at par plus 8% per year if index closes at or above initial level on any quarterly observation date
Initial index level:	1,881.77
Trigger level:	1,223.15, 65% of initial level
Pricing date:	Sept. 28
Settlement date:	Sept. 30
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48127Y797

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