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JPMorgan plans capped buffered enhanced notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Nov. 4 – JPMorgan Chase & Co. plans to price 0% capped buffered return enhanced notes due Nov. 30, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus two times the index return, up to a maximum return of 24% to 28%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%. The exact maximum return will be set at pricing.
J.P. Morgan Securities LLC is the agent.
The notes will price Nov. 24 and settle Nov. 30.
The Cusip number is 48128GBW9.
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