JPMorgan plans capped buffered equity notes due 2018 tied to S&P 500

By Susanna Moon

Chicago, March 15 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered equity notes due April 27, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus any index gain, up to a maximum return of 9%.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price on March 24 and settle on March 29.

The Cusip number is 46646QU78.

© 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.