JPMorgan plans capped buffered return enhanced notes on Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., Oct. 15 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due Oct. 21, 2021 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.

The payout at maturity will be par plus triple any index gain, up to a maximum settlement that is expected to be at least $1,645 per $1,000 of notes and will be set at pricing.

Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond the 20% buffer.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 48130UE27) will price on Oct. 16 and settle on Oct. 23.

© 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.