E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/5/2016 in the Prospect News Structured Products Daily.

JPMorgan plans buffered return enhanced notes tied to MSCI EAFE fund

By Susanna Moon

Chicago, Dec. 5 – JPMorgan Chase Financial Co. LLC plans to price 0% buffered return enhanced notes due June 25, 2019 linked to the iShares MSCI EAFE exchange-traded fund, 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 double any fund gain, up to a maximum return of 27% to 31%.

Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price on Dec. 20 and settle on Dec. 23.

The Cusip number is 46646QCP8.


© 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.