JPMorgan plans contingent buffered notes linked to iShares MSCI EAFE

By Susanna Moon

Chicago, March 7 – JPMorgan Chase & Co. plans to price 0% uncapped contingent buffered equity notes due March 31, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above its initial level, the payout at maturity will be par plus the greater of the gain and the contingent minimum return of 40% to 45%.

Investors will receive par if the fund falls by up to 25% and will be fully exposed to any losses if the fund falls by more than the contingent buffer.

J.P. Morgan Securities LLC is the agent.

The notes will price on March 28 and settle on March 31.

The Cusip number is 48128GQG8.

© 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.