| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for MSCI EAFE index > News item |
JPMorgan plans return optimization securities tied to MSCI EAFE index
By Marisa Wong
Morgantown, W.Va., March 11 – JPMorgan Chase & Co. plans to price 0% return optimization securities due April 20, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus three times the index return, subject to a maximum return that is expected to be 16.5% to 17.5% and will be set at pricing. If the index return is negative, investors will have full exposure to the index’s decline.
UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.
The notes will price March 14 and settle March 17.
The Cusip number is 48128B879.
© 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.