JPMorgan to price capped return enhanced notes linked to S&P 500

By Jennifer Chiou

New York, March 24 – JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due July 6, 2016 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 15% to 17%.

Investors will be exposed to any losses.

The notes (Cusip: 48125ULB6) will price on March 30 and settle on April 2.

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.