Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers J > Headlines for J.P. Morgan Efficiente Plus DS 5 Index (Net ER) > News item |
JPMorgan plans six-year CDs tied to J.P. Morgan Efficiente Plus DS 5
By Marisa Wong
Morgantown, W.Va., March 19 – JPMorgan Chase Bank, NA plans to price 0% certificates of deposit due March 28, 2024 linked to the J.P. Morgan Efficiente Plus DS 5 index (Net ER), according to a term sheet.
The payout at maturity will be par plus 240% to 255% of any index gain, with the exact participation rate to be set at pricing.
If the index falls, the payout will be par.
J.P. Morgan Securities LLC is the agent. Incapital LLC is distributor.
The CDs will price March 26.
The Cusip number is 48126YX40.
© 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.