JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Yield Notes linked to Amazon.com, Inc.'s common stock, with a maturity date of June 20, 2025. The notes, which are designed to pay a minimum interest rate of 10.85% per annum, will be automatically called if the stock price of Amazon.com meets or exceeds the initial value on any review date before the final one. The first possible automatic call date is November 15, 2024. The notes are unsecured and unsubordinated, with JPMorgan Chase & Co. providing a full and unconditional guarantee. The pricing of the notes is expected to occur around May 15, 2024, with settlement around May 20, 2024. The notes are aimed at investors willing to...Show More

JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Yield Notes linked to Amazon.com, Inc.'s common stock, with a maturity date of June 20, 2025. The notes, which are designed to pay a minimum interest rate of 10.85% per annum, will be automatically called if the stock price of Amazon.com meets or exceeds the initial value on any review date before the final one. The first possible automatic call date is November 15, 2024. The notes are unsecured and unsubordinated, with JPMorgan Chase & Co. providing a full and unconditional guarantee. The pricing of the notes is expected to occur around May 15, 2024, with settlement around May 20, 2024. The notes are aimed at investors willing to accept the risk of losing their principal and forgoing dividend payments for potentially higher interest payments. The offering is subject to risks, including credit risks of the issuer and guarantor, and the potential loss of principal if the final stock value is below the trigger value. The notes are not bank deposits, are not FDIC insured, and involve a number of risks detailed in the accompanying prospectus supplement and product supplement.