Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Australian dollar > News item |
JPMorgan plans three-year notes linked to four currencies v. dollar
By Marisa Wong
Madison, Wis., July 22 - JPMorgan Chase & Co. plans to price 0% notes due Aug. 14, 2014 linked to a basket of equally weighted currencies relative to the U.S. dollar, according to an FWP filing with the Securities and Exchange Commission.
The underlying currencies are the Brazilian real, the Australian dollar, the Norwegian krone and the Canadian dollar.
The payout at maturity will be par plus the basket return, subject to a maximum return of 50% to 70% that will be set at pricing. Investors will receive at least par.
The notes (Cusip: 48125XZW9) will price on Aug. 11 and settle on Aug. 16.
J.P. Morgan Securities LLC is the agent.
© 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.