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 10/28/2011 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $219,000 six-year notes tied to index, fund basket

By Susanna Moon

Chicago, Oct. 28 - JPMorgan Chase & Co. priced $219,000 of 0% notes due Oct. 31, 2017 linked to an equally weighted basket of three indexes and one fund, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are the S&P 500 index, the Dow Jones industrial average, the Dow Jones-UBS Commodity index and the iShares MSCI EAFE index fund.

The payout at maturity will be par plus 1.03 times any basket gain.

Investors will be exposed to any losses

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Notes
Underlying basket:S&P 500 index, Dow Jones industrial average, Dow Jones-UBS Commodity index and iShares MSCI EAFE index fund, equally weighted
Amount:$219,000
Maturity:Oct. 31, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 103% of basket gain; exposure to losses
Pricing date:Oct. 26
Settlement date:Oct. 31
Agent:J.P. Morgan Securities LLC
Fees:7.75%, including 4.213% for selling concessions
Cusip:48125X5N2

© 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.