Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
JPMorgan plans capped buffered knock-out notes linked to Euro Stoxx
By Susanna Moon
Chicago, June 4 - JPMorgan Chase & Co. plans to price 0% capped buffered return enhanced notes due June 30, 2015 linked to the Euro Stoxx index, according to an FWP filing with the Securities and Exchange Commission.
A knock-out event occurs if the index falls below its knock-out level.
If the index finishes at or above the 80% trigger level, the payout at maturity will be par plus the greater of the 4% contingent minimum return and any index gain, up to a maximum return of at least 18.1%. The exact cap will be set at pricing.
Otherwise, investors will be exposed to any losses.
J.P. Morgan Securities LLC is the underwriter.
The notes will price on June 7 and settle on June 12.
The Cusip number is 48126NEB9.
© 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.