| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers J > Headlines for JPMorgan Chase Financial Co. LLC > News item |
JPMorgan to price buffered digital notes due 2021 tied to S&P 500
By Sarah Lizee
Olympia, Wash., Aug. 15 – JPMorgan Chase Financial Co. LLC plans to price 0% buffered digital notes due Aug. 19, 2021 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index return is greater than or equal to its initial level, the payout at maturity will be par plus 12.5%.
If the index falls by up to 17%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline beyond 17%.
J.P. Morgan Securities LLC is the agent.
The notes will price on Aug. 16.
The Cusip number is 48132FBR6.
© 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.