Published on 3/4/2015 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $3.47 million return enhanced notes on Euro Stoxx 50
By Susanna Moon
Chicago, March 4 – JPMorgan Chase & Co. priced $3.47 million of 0% uncapped return enhanced notes due Feb. 28, 2019 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 1.33 times any gain in the index.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
|
Issue: | Uncapped return enhanced notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $3,465,000
|
Maturity: | Feb. 28, 2019
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 133% of any index gain; exposure to any losses
|
Initial level: | 3,599
|
Pricing date: | Feb. 27
|
Settlement date: | March 4
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 2%
|
Cusip: | 48125UGM8
|
|
|
|
|
© 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.