By Susanna Moon
Chicago, June 30 – JPMorgan Chase & Co. priced $9.84 million of capped contingent buffered equity notes due June 29, 2017 linked to a basket containing two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 50% weight, the Euro Stoxx 50 index with a 30% weight and the iShares MSCI Emerging Markets ETF with a 20% weight.
The payout at maturity will be par plus any basket gain, up to a maximum return of 20%.
Investors will receive par if the basket falls by up to 18% and will lose 1.2195% for each 1% decline beyond 18%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped contingent buffered equity notes
|
| Underlyings: | S&P 500 index (50% weight), the Euro Stoxx 50 index (30% weight) and the iShares MSCI Emerging Markets ETF (20% weight)
|
| Amount: | $9,839,000
|
| Maturity: | June 29, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any basket gain, capped at 20%; par if the basket falls by up to 18%; lose 1.2195% for each 1% drop beyond 18%
|
| Contingent buffer: | 18%
|
| Pricing date: | June 26
|
| Settlement date: | July 1
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.4%
|
| Cusip: | 48125UXT4
|
|
|
|
|
© 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.
