New Issue: JPMorgan prices $25.92 million trigger performance notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., April 30 – JPMorgan Chase & Co. priced $25.92 million of 0% trigger performance securities due April 30, 2020 linked to the Euro Stoxx 50 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 153.52% of the index return.

If the index return is zero or negative and the index’s final level is greater than or equal to the trigger level, 75% of the initial level, the payout will be par.

If the final level is less than the trigger level, investors will be fully exposed to the decline in the index from its initial level.

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

Issuer:	JPMorgan Chase & Co.
Issue:	Trigger performance securities
Underlying index:	Euro Stoxx 50
Amount:	$25,915,380
Maturity:	April 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 153.52% of index return; if index return is zero or negative and index’s final level is equal to or greater than trigger level, par; if final level is less than trigger level, full exposure to decline in index from initial level
Initial level:	3,715.42
Trigger level:	2,786.57, 75% of initial level
Pricing date:	April 28
Settlement date:	April 30
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	3.5%
Cusip:	48127T566

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