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 5.7% callable yield notes on Russell 2000, Euro Stoxx 50
By Susanna Moon
Chicago, June 4 – JPMorgan Chase & Co. plans to price 5.7% callable yield notes due Dec. 27, 2016 linked to the worse performing of the Russell 2000 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
Interest is payable quarterly.
The notes are callable at par on any interest payment date other than the final date.
The payout at maturity will be par unless either index finishes below the 70% trigger level, in which case investors will share in losses of the worst performing component.
J.P. Morgan Securities LLC is the agent.
The notes will price on June 19 and settle on June 26.
The Cusip number is 48125UWS7.
© 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.