Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers J > Headlines for JPMorgan Chase & Co. > News item |
JPMorgan plans to price PLUS due 2015 linked to S&P 500 index
By Jennifer Chiou
New York, Aug. 15 – JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due Oct. 5, 2015 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum payment of at least $11.60. The exact cap will be set at pricing.
Investors will share in any losses.
The notes (Cusip: 481246429) will price on Aug. 29.
J.P. Morgan Securities LLC is the agent with distribution through Morgan Stanley Wealth Management.
© 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.