Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx Banks index > News item |
JPMorgan plans capped return enhanced notes on Euro Stoxx Banks
By Jennifer Chiou
New York, June 24 – JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due July 15, 2015 linked to the Euro Stoxx Banks index, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus double any index gain, up to a maximum return of at least 24.5%. The exact cap will be set at pricing.
Investors will be fully exposed to any losses.
The notes (Cusip: 48127DNJ3) are expected to price on June 27 and settle on July 2.
J.P. Morgan Securities LLC is the agent.
© 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.