Published on 9/9/2015 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $300,000 return notes linked to European Dividend Futures 2018
New York, Sept. 9 – JPMorgan Chase & Co. priced $300,000 million of 0% return notes due Dec. 27, 2018 linked to the European Dividend Futures 2018 (USD) index, according to a 424B1 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return all multiplied by an adjustment factor of 101.65%.
Investors will receive less than par is the index declines by more than 1.62322%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Return notes
|
| Underlying index: | European Dividend Futures 2018 (USD)
|
| Amount: | $300,000
|
| Maturity: | Dec. 27, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus return, all multiplied by 101.65%
|
| Initial level: | 108.6323
|
| Pricing date: | Sept. 4
|
| Settlement date: | Sept. 9
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.75%
|
| Cusip: | 48125U3Q3
|
|
|
|
|
© 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.
