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 to sell capped buffered return enhanced notes on Russell
By Sarah Lizee
Olympia, Wash., Nov. 19 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due Sept. 23, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index return is positive, the payout at maturity will be par plus 1.5 times any gain, capped at par plus 22.15%.
If the index declines by up to 10%, the payout will be par. Investors will lose 1% for each 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
The notes will price on Nov. 20.
The Cusip number is 48132FJ31.
© 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.