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Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
JPMorgan plans two-year review notes with barrier linked to Euro Stoxx
By Susanna Moon
Chicago, Dec. 3 – JPMorgan Chase & Co. plans to price 0% review notes due Dec. 7, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus a premium of 12% per year if the index closes at or above its initial level on any of three review dates.
The payout at maturity will be par unless the index falls by more than the contingent buffer of 10%, in which case investors will be fully exposed to any losses.
J.P. Morgan Securities LLC is the agent.
The notes will price on Dec. 5 and settle on Dec. 10.
The Cusip number is 48127D2N7.
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