E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/9/2014 in the Prospect News Structured Products Daily.

JPMorgan to price PLUS on WisdomTree Japan Hedged Equity fund

By Jennifer Chiou

New York, Sept. 3 – JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due Dec. 24, 2015 linked to the WisdomTree Japan Hedged Equity fund, according to an FWP with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par of $10.00 plus 200% of the return, subject to a maximum payment of at least $11.49 per note.

If the fund return is negative, investors will have one-to-one exposure to the ETF’s decline.

The notes (Cusip: 48127H737) are expected to price on Sept. 19.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Wealth Management.


© 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.