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Prospect News home > News index > List of issuers J > Headlines for JPMorgan Chase & Co. > News item |
JPMorgan plans capped buffered return enhanced notes on iShares MSCI EAFE
By Susanna Moon
Chicago, Jan. 31 - JPMorgan Chase & Co. plans to price 0% capped buffered return enhanced notes due Feb. 29, 2016 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 1.5 times any gain in the fund, up to a maximum return of 16% to 20%.
Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
The notes will price on Feb. 25 and settle on Feb. 28.
The Cusip number is 48126N2U0.
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