JPMorgan plans capped return enhanced notes on S&P GSCI Brent Crude Oil Index Excess Return

By Jennifer Chiou

New York, Feb. 11 – JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due Aug. 30, 2016 linked to the S&P GSCI Brent Crude Oil Index Excess Return, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of at least 49.5%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The notes (Cusip: 48125UCF7) will price on Feb. 24 and settle on Feb. 27.

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.