By Susanna Moon
Chicago, Oct. 27 – JPMorgan Chase & Co. priced $1.5 million of 0% contingent buffered return enhanced notes due Oct. 26, 2018 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 152% of any gain in the index.
Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below the 70% barrier level.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
|
Issue: | Contingent buffered return enhanced notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $1.5 million
|
Maturity: | Oct. 26, 2018
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 152% of any gain in the index; par for losses up to 30%; otherwise, full exposure to any losses
|
Initial level: | 3,044.30
|
Barrier level: | 70% of initial level
|
Pricing date: | Oct. 23
|
Settlement date: | Oct. 28
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 2.5%
|
Cusip: | 48127DP44
|
|
|
© 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.