Published on 12/30/2013 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $191,000 capped buffered return enhanced notes on Euro Stoxx
By Susanna Moon
Chicago, Dec. 30 - JPMorgan Chase & Co. priced $191,000 of 0% capped buffered return enhanced notes due Dec. 31, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of 21%.
Investors will receive par if the index declines by up to 10% and will lose 1% for every 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
|
Issue: | Capped buffered return enhanced notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $191,000
|
Maturity: | Dec. 31, 2015
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 150% of any gain in the index, capped at 21%; par if index declines by up to 10%; exposure to losses beyond 10%
|
Pricing date: | Dec. 20
|
Settlement date: | Dec. 30
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | None
|
Cusip: | 48126NJ65
|
© 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.