| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
JPMorgan plans contingent buffered equity notes tied to Euro Stoxx 50
By Jennifer Chiou
New York, Jan. 14 – JPMorgan Chase & Co. plans to price 0% contingent buffered equity notes due July 20, 2016 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus the index return.
If the index finishes at or below the initial level but at or above the 77.5% trigger level, the payout will be par. If the index finishes below the 77.5% trigger level, investors will be fully exposed to the index decline from its initial level.
The final index level will be the average of the closing index levels on the five trading days ending July 15, 2016.
The notes (Cusip: 48127D6E3) will price on Jan. 16 and settle on Jan. 22.
J.P. Morgan Securities LLC is the agent.
© 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.