Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for S&P 500 Low Volatility High Dividend index > News item |
JPMorgan plans to price notes linked to basket of dividend indexes
By Sarah Lizee
Olympia, Wash., Jan. 4 – JPMorgan Chase Financial Co. LLC plans to price 0% notes due Jan. 31, 2022 linked to an equally-weight basket of the S&P 500 Low Volatility High Dividend index and the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus at least 180% of any basket gain. If the basket falls, the payout will be par plus the basket return, with a minimum payment of 95% of par.
The agent is J.P. Morgan Securities LLC.
The notes will price on Jan. 31.
The Cusip number is 48130WPY1.
© 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.