JPMorgan plans partial principal at risk notes due 2020 on MSCI Europe

By Sarah Lizee

Olympia, Wash., May 30 – JPMorgan Chase Financial Co. LLC plans to price 0% equity-linked partial principal at risk securities due July 6, 2020 linked to the MSCI Europe index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus at least 120% of any index gain.

If the index falls, the payout will be par plus the return, with a minimum payout of $9.50 per $10 of notes.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 48129N690) will price June 29 and settle three business days after.

© 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.