By Susanna Moon
Chicago, May 21 - JPMorgan Chase & Co. priced $5.17 million of 0% capped buffered equity notes due June 20, 2013 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any fund gain, up to a maximum settlement amount of $1,200.50 for each $1,000 principal amount.
Investors will receive par if the shares fall by up to 15% and will lose 1.1765% for every 1% decline beyond the 15% buffer.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped buffered equity notes
|
| Underlying fund: | iShares MSCI Emerging Markets index fund
|
| Amount: | $5,173,000
|
| Maturity: | June 20, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any fund gain, capped at 20.05%; par if shares fall by up to 15%; 1.1765% loss per 1% drop beyond 15%
|
| Initial level: | $37.65
|
| Pricing date: | May 17
|
| Settlement date: | May 22
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.5%
|
| Cusip: | 48125VZT0
|
© 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.
