Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for iShares MSCI EAFE exchange-traded fund > News item |
JPMorgan plans capped buffered return enhanced notes tied to basket
By Susanna Moon
Chicago, Dec. 14 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due Dec. 28, 2018 linked to a basket of two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The basket components are the S&P 500 index with a 70% weight, the Russell 2000 index with a 15% weight, the iShares MSCI EAFE exchange-traded fund with a 15% weight.
The payout at maturity will be par plus double any basket gain, up to a maximum return of 15.5% to 18.5%.
Investors will receive par if the basket falls by up to 12% and will lose 1% for each 1% decline beyond 12%.
J.P. Morgan Securities LLC is the agent.
The notes will price on Dec. 22 and settle on Dec. 28.
The Cusip number is 46646QEA9.
© 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.