E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/5/2019 in the Prospect News Structured Products Daily.

JPMorgan to price digital dual directional notes tied to Kraft Heinz

By Marisa Wong

Morgantown, W.Va., April 5 – JPMorgan Chase Financial Co. LLC plans to price 0% digital dual directional contingent buffered notes due April 13, 2021 linked to Kraft Heinz Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the stock finishes at or above its initial price or falls by up to the 30% contingent buffer, the payout will be par plus 20.15%.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 8.

The Cusip number is 48132CBB8.


© 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.