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 contingent buffer notes on iShares MSCI EAFE, Stoxx 50
By Susanna Moon
Chicago, Jan. 11 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped contingent buffered return enhanced notes due Jan. 31, 2023 linked to the lesser performing of the iShares MSCI EAFE exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If each underlying component finishes at or above its initial level, the payout at maturity will be par plus 2.22 times the gain of the worse performing index or fund.
If each component falls by up to 50%, the payout at maturity will be par.
Otherwise, investors will lose 1% for each 1% decline of the worse performing index or fund.
J.P. Morgan Securities LLC is the agent.
The notes will price on Jan. 26.
The Cusip number is 48129HE94.
© 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.