JPMorgan plans three-year trigger gears linked to iShares EAFE

By Marisa Wong

Morgantown, W.Va., Sept. 25 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger gears due Sept. 30, 2020 linked to the iShares MSCI EAFE exchange-traded fund, 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 1.4 to 1.5 times any fund gain.

Investors will receive par if the fund falls by up to 20% and will be fully exposed to any losses if the fund finishes below its 80% downside threshold level.

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

The notes will price Sept. 26.

The Cusip number is 48129J624.

© 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.