| 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 return notes tied to Euro Stoxx 50
By Susanna Moon
Chicago, June 29 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered return enhanced notes due Jan. 3, 2020 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes will be guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus at least 1.35 times any index gain, with the exact upside leverage factor to be set at pricing.
If the index falls by up to the 25% contingent buffer, the payout will be par.
Otherwise, the payout will be par plus the return with full exposure to any losses.
J.P. Morgan Securities LLC is the agent.
The notes will price on June 30 and settle on July 6.
The Cusip number is 46646EKV3.
© 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.