Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers J > Headlines for JPMorgan Chase & Co. > News item |
JPMorgan plans another issue of principal-protected notes linked to four currencies
By Laura Lutz
Washington, March 9 - JPMorgan Chase & Co. plans to price another issue of zero-coupon principal-protected notes due Sept. 30, 2008 linked to a basket of four currencies, according to an FWP filing with the Securities and Exchange Commission.
This issue, which has CUSIP number 48123JTD1, is in addition to a similar offering that was reported by Prospect News on Wednesday. That issue has CUSIP number 48123JRX9.
The basket will contain equal weights of the performances against the dollar of the Indian rupee, the New Turkish lira, the Brazilian real and the Mexican peso.
The notes are expected to price on March 27 and settle on March 30.
The payout at maturity will be par plus any gain on the index multiplied by a participation rate that will be at least 525%. The participation rate will be determined at pricing. Investors will receive at least par.
J.P. Morgan Securities Inc. will be the agent.
© 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.