Published on 6/19/2012 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $10.38 million notes due 2017 linked to 15 stocks
By Angela McDaniels
Tacoma, Wash., June 19 - JPMorgan Chase & Co. priced $10.38 million of 0% notes due Dec. 20, 2017 linked to a basket of 15 common stocks, according to a 424B2 filing with the Securities and Exchange Commission.
The equally weighted basket includes Altria Group, Inc., Coca-Cola Co., GlaxoSmithKline plc, International Business Machines Corp., Johnson & Johnson, Kraft Foods Inc., McDonald's Corp., Merck & Co., Inc., Novartis AG, Proctor & Gamble Co., Roche Holding Ltd., Royal Dutch Shell plc, Total SA, Unilever NV and Vodafone Group plc.
The payout at maturity will be par plus the basket return, subject to a minimum payout of par.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
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Issue: | Notes
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Underlying stocks: | Altria Group, Inc., Coca-Cola Co., GlaxoSmithKline plc, International Business Machines Corp., Johnson & Johnson, Kraft Foods Inc., McDonald's Corp., Merck & Co., Inc., Novartis AG, Proctor & Gamble Co., Roche Holding Ltd., Royal Dutch Shell plc, Total SA, Unilever NV and Vodafone Group plc, equally weighted
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Amount: | $10,378,000
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Maturity: | Dec. 20, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus basket return, subject to minimum payout of par
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Pricing date: | June 15
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Settlement date: | June 20
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Agent: | J.P. Morgan Securities LLC
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Fees: | 3%
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Cusip: | 48125VC40
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