Published on 12/30/2014 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $812,000 capped buffered return enhanced notes on Euro Stoxx 50
By Susanna Moon
Chicago, Dec. 30 – JPMorgan Chase & Co. priced $812,000 0% capped buffered return enhanced notes due Dec. 30, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of 18%.
Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
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Issue: | Capped buffered return enhanced notes
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Underlying index: | Euro Stoxx 50
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Amount: | $812,000
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Maturity: | Dec. 30, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any gain in the index, capped at 18%; par for losses up to 15%; 1% loss for every 1% drop beyond 15%
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Initial level: | 3,192.47
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Pricing date: | Dec. 23
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Settlement date: | Dec. 31
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.009%
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Cusip: | 48127DZ84
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