Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers J > Headlines for JPMorgan Chase Bank, NA > News item |
JPMorgan to price seven-year capped CDs linked to S&P 500 index
By Marisa Wong
Morgantown, W.Va., Feb. 20 – JPMorgan Chase Bank, NA plans to price 0% capped certificates of deposit due Feb. 27, 2026 linked to the S&P 500 index, according to a term sheet.
The payout at maturity will be par plus the index return, subject to a minimum payout of par and a maximum return that is expected to be at least 100% and will be set at pricing.
J.P. Morgan Securities LLC is the agent. Advisors Asset Management is distributor.
The CDs will price Feb. 28.
The Cusip number is 48128HFP8.
© 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.