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 trigger jump notes with 26.1% upside tied to Stoxx 50
By Susanna Moon
Chicago, Oct. 18 – JPMorgan Chase & Co. plans to price 0% trigger jump securities due Nov. 5, 2019 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the greater of the return and upside payment of 26.1%.
Investors will receive par if the index falls by up to 10% and will be fully exposed to any losses if the index finishes below the 90% trigger level.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
The notes will price on Oct. 31.
The Cusip number is 48129J186.
© 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.