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 4/23/2018 in the Prospect News Structured Products Daily.

JPMorgan to price seven-year notes on S&P Economic Cycle index

By Marisa Wong

Morgantown, W.Va., April 23 – JPMorgan Chase Financial Co. LLC plans to price 0% notes due April 30, 2025 linked to the S&P Economic Cycle Factor Rotator index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 315% to 330% of any index gain. The exact participation rate will be set at pricing.

If the index falls, the payout will be par.

J.P. Morgan Securities LLC is the agent.

The notes will price April 25.

The Cusip number is 48129MKH8.


© 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.