US Wrap: JP Morgan furthers reverse convertible comeback

Themes covered in yesterday's launch included construction, with notes linking to Caterpillar and US Steel Corp equity, and financials, with notes giving exposure to the stock performance of Goldman Sachs, Wells Fargo and NYSE Euronext. Two different notes were offered linked to the shares of General Electric, both 12 month and six month versions, with 17.25% and 15% annualised coupons respectively.


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