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 dual directional contingent buffered notes on Stoxx 50
By Marisa Wong
Morgantown, W.Va., Oct. 5 – JPMorgan Chase Financial Co. LLC plans to price 0% capped dual directional contingent buffered return equity notes due April 10, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by JPMorgan Chase & Co.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index gain, subject to a maximum return of 17.6%. If the final index level is less than the initial index level by up to 17.6%, the payout will be par plus the absolute value of the index return. If the final index level is less than the initial index level by more than 17.6%, investors will lose 1% for every 1% that the index declines from its initial level.
J.P. Morgan Securities LLC is the agent.
The notes will price Oct. 6.
The Cusip number is 48129HEX1.
© 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.