By Jennifer Chiou
New York, March 5 – JPMorgan Chase & Co. priced $20.13 million of 0% Performance Leveraged Upside Securities due March 8, 2017 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 of $10 plus 1.5 times any gain in the index, up to a maximum return of 80%.
Investors will be fully exposed to any decline in the index.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management as distributor.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $20.13 million
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| Maturity: | March 8, 2017
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| Coupon: | 0%
|
| Price: | Par of $10
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| Payout at maturity: | Par plus 150% of any index gain, capped at 80%; full exposure to losses
|
| Initial level: | 3,549.11
|
| Pricing date: | March 3
|
| Settlement date: | March 6
|
| Agent: | J.P. Morgan Securities LLC with Morgan Stanley Wealth Management
|
| Fees: | 1.25%
|
| Cusip: | 48127T301
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