Published on 1/23/2015 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $499,000 capped return enhanced notes on Euro Stoxx 50
By Susanna Moon
Chicago, Jan. 23 – JPMorgan Chase & Co. priced $499,000 0% capped July 26, 2016return enhanced notes due July 26, 2016 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 triple any gain in the index, up to a maximum return of 33%.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
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| Issue: | Capped buffered return enhanced notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $499,000
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| Maturity: | July 26, 2016
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 300% of any gain in the index, capped at 33%; exposure to any losses
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| Initial level: | 3,269.73
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| Pricing date: | Jan. 21
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| Settlement date: | Jan. 26
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | None
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| Cusip: | 48127D6D5
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