JPMorgan plans four-year capped trigger gears linked to Stoxx 50

By Sarah Lizee

Olympia, Wash., March 12 – JPMorgan Chase Financial Co. LLC plans to price 0% capped trigger gears due March 30, 2023 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 payout at maturity will be par of $10 plus 5 times any index gain, subject to a maximum return of 93% to 101%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below its 75% downside threshold level.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

The notes will price March 27.

The Cusip number is 48130X273.

© 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.