Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Home Depot, Inc. > News item |
JPMorgan plans two-year capped buffer gears on basket of 15 stocks
By Wendy Van Sickle
Columbus, Ohio, March 14 – JPMorgan Chase Financial Co. plans to price 0% capped buffer gears due March 26, 2020 linked to an equally weighted basket of 15 stocks, according to a 424B2 filing with the Securities and Exchange Commission.
The stocks include Comcast Corp., Dollar General Corp., Home Depot, Inc., O’Reilly Automotive, Inc., PulteGroup, Inc., Kinder Morgan, Inc., Charles Schwab Corp., CSX Corp., T.Rowe Price Group, Inc., UnitedHealth Group Inc., Centene Corp., Norfolk Southern Corp., Southwest Airlines Co. and Exelon Corp.
The payout at maturity will be par of $10 plus 1.5 times any basket gain, up to a maximum return of 15.5% to 17.85%.
Investors will receive par if the basket falls by up to 10% and will be exposed to any losses beyond 10%.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan and UBS Financial Services Inc. are the agents.
The notes will price on March 23.
The Cusip number is 48129L538.
© 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.