New Issue: JPMorgan sells $3.83 million capped contingent buffered enhanced notes on Euro Stoxx

By Toni Weeks

San Luis Obispo, Calif., May 18 – JPMorgan Chase & Co. priced $3.83 million of 0% capped contingent buffered return enhanced notes due May 17, 2018 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 3.12 times any gain in the index, subject to a maximum return of 46.8%.

Investors will receive par if the index falls by up to 15% and will be fully exposed to any loses if the index falls by more than the 15% contingent buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped contingent buffered return enhanced notes
Underlying index:	Euro Stoxx 50
Amount:	$3,825,000
Maturity:	May 17, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3.12 times any index gain, capped at 46.8%; par if index falls by up to 15%; full exposure to any losses if index falls by more than contingent buffer
Initial level:	3,602.22
Contingent buffer:	15% of initial level
Pricing date:	May 14
Settlement date:	May 19
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48125USE3

© 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.