JPMorgan Chase & Co. has announced the issuance of Callable Fixed Rate Notes due May 16, 2031, with an interest rate of 5.65% per annum. The notes, which are unsecured and unsubordinated obligations of the company, are subject to JPMorgan's credit risk. They are designed for investors seeking fixed income investment but willing to accept the risk of the notes being called prior to the Maturity Date. The notes can be redeemed at JPMorgan's option on specified Redemption Dates, starting May 17, 2026, and ending on November 17, 2030. The minimum purchase denomination is $1,000, with increments of $1,000 thereafter. The Pricing Date is set for May 15, 2024, with the Original Issue Date on May 17, 2024. The notes are not bank deposits, are not insured by any governmental agency, and...Show More

JPMorgan Chase & Co. has announced the issuance of Callable Fixed Rate Notes due May 16, 2031, with an interest rate of 5.65% per annum. The notes, which are unsecured and unsubordinated obligations of the company, are subject to JPMorgan's credit risk. They are designed for investors seeking fixed income investment but willing to accept the risk of the notes being called prior to the Maturity Date. The notes can be redeemed at JPMorgan's option on specified Redemption Dates, starting May 17, 2026, and ending on November 17, 2030. The minimum purchase denomination is $1,000, with increments of $1,000 thereafter. The Pricing Date is set for May 15, 2024, with the Original Issue Date on May 17, 2024. The notes are not bank deposits, are not insured by any governmental agency, and are not guaranteed by a bank. The offering includes a potential call feature, allowing JPMorgan to redeem the notes periodically at their discretion. The notes are part of JPMorgan's Series E medium-term notes and are being offered with a detailed resolution plan in case of financial distress or failure, as required by the Dodd-Frank Act. The notes are not listed on any securities exchange, and while JPMS intends to offer to purchase the notes in the secondary market, it is not obligated to do so.