share_log

JPMorgan | 424B2: Prospectus

SEC announcement ·  Feb 23 17:22
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Yield Notes linked to Amazon.com, Inc.'s common stock, with a maturity date of March 5, 2025. These notes, designed to pay 10% per annum interest, are targeted at investors seeking higher interest rates than conventional debt securities with the same maturity. The notes are unsecured, unsubordinated obligations guaranteed by JPMorgan Chase & Co., and involve risks including the potential loss of principal. The notes are expected to price on or about February 28, 2024, with a settlement date on or about March 4, 2024. The notes will not be bank deposits, nor FDIC insured, and will not be guaranteed by any bank. The preliminary pricing supplement filed with the SEC...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Yield Notes linked to Amazon.com, Inc.'s common stock, with a maturity date of March 5, 2025. These notes, designed to pay 10% per annum interest, are targeted at investors seeking higher interest rates than conventional debt securities with the same maturity. The notes are unsecured, unsubordinated obligations guaranteed by JPMorgan Chase & Co., and involve risks including the potential loss of principal. The notes are expected to price on or about February 28, 2024, with a settlement date on or about March 4, 2024. The notes will not be bank deposits, nor FDIC insured, and will not be guaranteed by any bank. The preliminary pricing supplement filed with the SEC indicates that the notes will have minimum denominations of $1,000 and integral multiples thereof. The estimated value of the notes at the time of pricing is approximately $977.40 per $1,000 principal amount note, with a minimum estimated value of $950.00 per note. The notes are not listed on any securities exchange, which may affect their liquidity and market price.

This announcement is a separate document:

Doc 1

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more