Published on 6/1/2015 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $750,000 buffered return enhanced notes on Euro Stoxx
By Marisa Wong
Madison, Wis., June 1 – JPMorgan Chase & Co. priced $750,000 of 0% uncapped buffered return enhanced notes due May 31, 2019 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 1.17 times any gain in the index.
Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
|
Issue: | Capped buffered return enhanced notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $750,000
|
Maturity: | May 31, 2019
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 1.17 times any index gain; par if index falls by up to 15%; 1% loss for each 1% decline beyond 15%
|
Initial level: | 3,619.30
|
Pricing date: | May 26
|
Settlement date: | May 29
|
Agent: | J.P. Morgan Securities LLC
|
Fees: | 0.386%
|
Cusip: | 48125UQE5
|
|
© 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.