JPMorgan plans digital dual directional notes linked to Russell 2000

By Susanna Moon

Chicago, Jan. 10 – JPMorgan Chase Financial Co. LLC plans to price 0% digital dual directional contingent buffered notes due April 18, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the final index level is at least 85% of the initial index level, the payout at maturity will be par plus 11.1%.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Jan. 13.

The Cusip number is 46646QUE3.

© 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.