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 enhanced participation notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., May 8 – JPMorgan Chase Financial Co. LLC plans to price 0% enhanced participation equity notes due May 16, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by JPMorgan Chase & Co.
If the index return is positive, the payout at maturity will be par plus 1.8 times to 1.9 times the index return. The exact upside participation rate will be set at pricing. If the index return is negative, investors will have one-to-one exposure to the decline.
J.P. Morgan Securities LLC is the agent.
The notes are expected to price May 12.
The Cusip number is 46647MCA9.
© 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.