JPMorgan to price two-year review notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Aug. 10 – JPMorgan Chase Financial Co. LLC plans to price 0% review notes due Aug. 14, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will be called at par plus an annual call premium of at least 12.3% if the index closes at or above its initial level on any annual review date.

If the notes are not called, the payout at maturity will be par unless the index falls by more than 20%, in which case investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 11.

The Cusip number is 46647ML35.

© 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.