New Issue: JPMorgan prices $2.63 million contingent buffered notes on Euro Stoxx

By Marisa Wong

Madison, Wis., May 20 - JPMorgan Chase & Co. priced $2.63 million of 0% contingent buffered equity notes due Nov. 18, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain. If the index finishes flat or falls by up to 17.15%, the payout will be par.

If the index falls by more than the 17.15% buffer, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Contingent buffered equity notes
Underlying index:	Euro Stoxx 50
Amount:	$2,631,000
Maturity:	Nov. 18, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; if index finishes flat or falls by up to 17.15%, par; otherwise, investors will be fully exposed to any decline
Initial level:	3,172.72
Pricing date:	May 16
Settlement date:	May 21
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48127DJG4

© 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.