| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers F > Headlines for FTSE 100 index > News item |
JPMorgan to price principal-protected notes linked to index basket
By Angela McDaniels
Tacoma, Wash., Feb. 19 – JPMorgan Chase Financial Co. LLC plans to price 0% notes due July 12, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by JPMorgan Chase & Co.
The basket includes the Euro Stoxx 50 index with a 42% weight, the FTSE 100 index with a 15% weight, the Hang Seng China Enterprises index with a 12% weight, the MSCI Emerging Markets index with a 10% weight, the Topix index with a 10% weight, the S&P/TSX 60 index with an 8% weight and the S&P/ASX 200 index with a 3% weight.
The payout at maturity will be par plus at least 105% of the basket return, subject to a minimum payout of par. The exact participation rate will be set at pricing.
J.P. Morgan Securities LLC is the agent.
The notes will price March 7.
The Cusip number is 48130W2J9.
© 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.