Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers J > Headlines for JPMorgan Chase Bank, NA > News item |
JPMorgan Chase Bank to price 7.5-year capped CDs linked to S&P 500
By Marisa Wong
Morgantown, W.Va., Sept. 18 – JPMorgan Chase Bank, NA plans to price 0% capped certificates of deposit due April 3, 2025 linked to the S&P 500 index, according to a term sheet.
The payout at maturity will be par plus the index return, subject to a minimum payout of par and a maximum return that is expected to be at least 45% and will be set at pricing.
J.P. Morgan Securities LLC is the agent. Incapital LLC is distributor.
The CDs are expected to price Sept. 26.
The Cusip number is 48126YJX2.
© 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.