JPMorgan to price notes due 2023 on basket of Russell, Stoxx, S&P

By Sarah Lizee

Olympia, Wash., Nov. 12 – JPMorgan Chase Financial Co. LLC plans to price 0% notes due Nov. 30, 2023 linked to an equally-weighted basket of the S&P 500 index, the Russell 2000 index and 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 payout at maturity will be par plus 103% of any basket gain. If the basket falls, the payout will be par.

The agent is J.P. Morgan Securities LLC.

The notes will price on Nov. 30.

The Cusip number is 48130UZ99.

© 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.