JPMorgan plans 6%-8% yield notes due 2018 linked to three indexes

By Susanna Moon

Chicago, Sept. 26 – JPMorgan Chase Financial Co. LLC plans to price 6% to 8% yield notes due Oct. 3, 2018 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly, with the exact rate to be set at pricing.

The payout at maturity will be par unless any index closes below its 70% trigger level during the life of the notes and finishes below its initial level, in which case investors will be fully exposed any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will be guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Sept. 29.

The Cusip number is 46647M4D2.

© 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.