Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
JPMorgan plans uncapped buffered equity notes linked to Stoxx 50
By Sarah Lizee
Olympia, Wash., March 6 – JPMorgan Chase Financial Co. LLC plans to price 0% uncapped buffered equity notes due March 31, 2021 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus any index gain, subject to a contingent minimum return of 20.5%.
Investors will receive par if the index falls by up to the 15% buffer and will be exposed to any losses beyond the buffer.
J.P. Morgan Securities LLC is the agent.
The notes will price on March 26.
The Cusip number is 48130W7G0.
© 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.