Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers J > Headlines for JPMorgan Chase & Co. > News item |
JPMorgan plans capped enhanced notes due 2016 linked to index basket
By Susanna Moon
Chicago, March 12 – JPMorgan Chase & Co. plans to price 0% capped enhanced participation notes due Sept. 21, 2016 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus double any basket gain, up to a maximum settlement amount of $1,260 to $1,305 per $1,000 principal amount of notes.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
The will price on March 16 and settle on March 23.
The Cusip number is 48125UJK9.
© 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.