Published on 4/11/2013 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $41.73 million enhanced participation notes tied to Euro Stoxx 50
By Marisa Wong
Madison, Wis., April 11 - JPMorgan Chase & Co. priced $41.73 million of 0% enhanced participation equity notes due Oct. 14, 2014 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 1.82 times any gain in the index. Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Enhanced participation equity notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $41,732,000
|
| Maturity: | Oct. 14, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.82 times any index gain; full exposure to any losses
|
| Initial level: | 2,595.13
|
| Pricing date: | April 9
|
| Settlement date: | April 16
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.65%
|
| Cusip: | 48126DL56
|
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