| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers O > Headlines for OMX Stockholm 30 index > News item |
JPMorgan plans uncapped return enhanced notes linked to OMX Stockholm
By Angela McDaniels
Tacoma, Wash., Oct. 2 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped return enhanced notes due Oct. 31, 2019 linked to the OMX Stockholm 30 index converted into dollars, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by JPMorgan Chase & Co.
Each of the initial index level and the final index level will be converted into dollars from Swedish kronor at the then-current exchange rate.
If the index return is positive, the payout at maturity will be par plus at least 1.45 times the index return. The exact upside leverage factor will be set at pricing. If the index return is negative, investors will have one-to-one exposure to the decline.
J.P. Morgan Securities LLC is the agent.
The notes will price Oct. 26.
The Cusip number is 48129HEU7.
© 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.