By Laura Lutz
Des Moines, Sept. 27 - JPMorgan Chase & Co. priced $1.5 million of zero-coupon principal-protected notes due March 28, 2013 linked to a basket of three indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of equal weights of the Dow Jones Euro Stoxx 50 index, the Nikkei 225 index and the S&P 500 index.
The payout at maturity will be par plus 106% of any gain on the basket. Investors will receive at least par.
J.P. Morgan Securities Inc. is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Principal-protected notes
|
| Underlying basket: | Dow Jones Euro Stoxx 50, Nikkei 225 and S&P 500 indexes
|
| Amount: | $1.5 million
|
| Maturity: | March 28, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 106% of any basket gain; floor of par
|
| Pricing date: | Sept. 25
|
| Settlement date: | Sept. 28
|
| Agent: | J.P. Morgan Securities Inc.
|
| Fees: | 5.81%, including 3% for selling concessions
|
© 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.
