JP Morgan issued international bonds for USD 2,000.0m maturing in 2025 with a 3M LIBOR USD + 1.155% coupon. Bonds were sold at a price of 100%. Bookrunner: JP Morgan
|Issuer, issue number||JP Morgan, 3.22% 1mar2025, USD|
|Type of debt instrument||International bonds|
|Type of placement||Public|
|Par, currency of issue||USD 2,000|
|End of placement||05/23/2017|
|Initial issue price||100|
|Coupon||3.22% (s/a, 30/360) to 01.03.2024, then 3M LIBOR USD+1.155% (quarterly, act/360)|
|Coupon frequency||2 time(s) per year|
|Issue Managers||Bookrunner: JP Morgan Depository: Euroclear Bank, Clearstream Banking S.A., Federal Reserve System|
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J.P. Morgan serves Emerging Markets clients across origination, derivatives, trading, foreign exchange and research. Our global approach to Emerging Markets provides maximum reach, while a local presence in each market ensures client accessibility. Our focus is on selective, strategic opportunities to participate in developing and fast-growing local markets in Brazil, Colombia, Russia, the Middle East, China and India.
The Emerging Markets Research team analyzes sovereign and credit risk in Latin America, Central and Eastern Europe, Africa, the Middle East and Asia ex-Japan, and makes strategic recommendations for debt issued in both international and local capital markets.
The team also publishes a suite of bond indices, including the J.P. Morgan Emerging Markets Bond Index Global (EMBI Global), which tracks total returns for U.S. dollar denominated debt instruments issued by emerging market sovereign and quasi-sovereign entities: Brady bonds, loans, Eurobonds. Currently, the EMBI Global covers 188 instruments across 33 countries.