| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for Swiss Market index > News item |
JPMorgan intends to price digital equity notes linked to index basket
By Devika Patel
Knoxville, Tenn., Dec. 21 – JPMorgan Chase Financial Co. LLC plans to price 0% digital equity notes due June 24, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
If the basket finishes at or above its initial level, the payout at maturity will be the threshold settlement amount that is expected to fall between $1,265.80 and $1,311.90 per $1,000 of notes and will be set at pricing.
Otherwise, investors will lose 1% for each 1% decline in the basket.
J.P. Morgan Securities LLC is the agent.
The notes (Cusip: 48130WMK4) will price on Dec. 21 and settle on Dec. 31.
© 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.