JPMorgan plans return enhanced notes linked to Nikkei 225 index

By E. Janene Geiss

Philadelphia, Jan. 16 - JPMorgan Chase & Co. plans to price 0% return enhanced notes due July 30, 2009 linked to the Nikkei 225 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, subject to a maximum return that is expected to be at least 30% and will be determined at pricing. Investors will be fully exposed to any index decline.

The notes are expected to price Jan. 25 and settle Jan. 30.

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.