JPMorgan plans trigger return optimization securities on Euro Stoxx 50

By Susanna Moon

Chicago, Aug. 5 – JPMorgan Chase & Co. plans to price 0% trigger return optimization securities due Aug. 31, 2018 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 41.65% to 47.65%.

If the index falls by up the 75% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the underwriter with UBS Financial Services Inc. as agent.

The notes will price on Aug. 27 and settle on Aug. 31.

The Cusip number is 48127V660.

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