JPMorgan plans PLUS due 2019 with 14.9% cap linked to Russell 2000

By Susanna Moon

Chicago, Jan. 3 – JPMorgan Chase Financial Co. LLC plans to price 0% Performance Leveraged Upside Securities due May 3, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, up to a maximum return of at least 14.9%.

Investors will be exposed to any losses.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

The notes will price on Jan. 12.

The Cusip number is 48129K480.

© 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.