Published on 10/29/2013 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $4.18 million capped return enhanced notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Oct. 29 - JPMorgan Chase & Co. priced $4.18 million of 0% capped return enhanced notes due Oct. 29, 2015 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 double any index gain, up to a maximum return of 48.2%.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
|
Issue: | Capped return enhanced notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $4,175,000
|
Maturity: | Oct. 29, 2015
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 200% of any index gain, capped at 48.2%; exposure to any losses
|
Initial index level: | 3,034.50
|
Pricing date: | Oct. 25
|
Settlement date: | Oct. 30
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 1.5%
|
Cusip: | 48126NYS0
|
© 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.