By Susanna Moon
Chicago, May 8 - JPMorgan Chase & Co. priced $4.84 million of 0% capped buffered enhanced participation equity notes due May 11, 2016 linked to the Euro Stoxx 50 index, converted into dollars, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of 25.5%.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped buffered enhanced participation equity notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4.84 million
|
| Maturity: | May 11, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any gain in the index, capped at 25.5%; par if index declines by up to 10%; 1.1111% loss per 1% drop beyond 10%
|
| Initial level: | 4,388.602407
|
| Pricing date: | May 6
|
| Settlement date: | May 13
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.75%
|
| Cusip: | 48127DGG7
|
© 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.
