Published on 1/7/2013 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $1.28 million capped buffered equity notes on MSCI EAFE
By Susanna Moon
Chicago, Jan. 7 - JPMorgan Chase & Co. priced $1.28 million of 0% capped buffered enhanced participation equity notes due Feb. 6, 2014 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum return of $1,147 per $1,000 principal amount.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped buffered enhanced participation equity notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $1.28 million
|
| Maturity: | Feb. 6, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus triple any index gain, capped at 14.7%; par if index falls by up to 10%; 1.1111% loss for every 1% decline beyond 10%
|
| Initial level: | 1,628.10
|
| Pricing date: | Jan. 3
|
| Settlement date: | Jan. 10
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 48126DQV4New Issue: JPMorgan prices $1.28 million capped buffered equity notes on MSCI EAFE
|
| By Susanna Moon
|
| Chicago, Jan. 7 - JPMorgan Chase & Co. priced $1.28 million of 0% capped buffered enhanced participation equity notes due Feb. 6, 2014 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
|
| The payout at maturity will be par plus triple any index gain, up to a maximum return of $1,147 per $1,000 principal amount.
|
| Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
|
| J.P. Morgan Securities LLC is the agent.
|
|
|
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped buffered enhanced participation equity notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $1.28 million
|
| Maturity: | Feb. 6, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus triple any index gain, capped at 14.7%; par if index falls by up to 10%; 1.1111% loss for every 1% decline beyond 10%
|
| Initial level: | 1,628.10
|
| Pricing date: | Jan. 3
|
| Settlement date: | Jan. 10
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 48126DQV4
|
© 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.
