E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/13/2017 in the Prospect News Structured Products Daily.

JPMorgan to price 15-month capped PLUS linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Nov. 13 – JPMorgan Chase Financial Co. LLC plans to price 0% Performance Leveraged Upside Securities due March 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par of $10 plus 300% of any index gain, up to a maximum return of at least 22.15%.

Investors will be fully exposed to any index decline.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

The notes will price on Nov. 17.

The Cusip number is 48129K407.


© 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.