JPMorgan plans capped optimal entry return enhanced notes on Euro Stoxx

By Marisa Wong

Madison, Wis., April 1 – JPMorgan Chase & Co. plans to price 0% capped optimal entry return enhanced notes due July 7, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The lookback level will be the index’s lowest closing level during the lookback observation period, which will begin on the pricing date and end on May 4.

The payout at maturity will be par plus double any index gain, subject to a maximum return of 17.2%. Investors will lose some or all of their principal if the final index level is less than the lookback level.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 2 and settle on April 8.

The Cusip number is 48125UMG4.

© 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.