E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/9/2016 in the Prospect News Structured Products Daily.

JPMorgan plans two-year digital notes linked to Euro Stoxx 50 index

By Wendy Van Sickle

Columbus, Ohio, May 9 – JPMorgan Chase Financial Co. LLC plans to price digital notes due May 29, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is positive, the payout at maturity will be par plus a fixed return of at least 19.8%. Investors will receive par if the index falls by up to 15% and will be exposed to losses beyond 15%.

J.P. Morgan Securities LLC is the agent.

The notes will price on May 23 and settle on May 26.

The Cusip number is 46646ECP5.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.