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JPMorgan | FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC announcement ·  Feb 23 17:23
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC has announced the offering of structured notes with JPMorgan Chase & Co. as the guarantor. The notes, with a minimum denomination of $1,000, are linked to the common stock of Amazon.com, Inc. and offer a 10.00% per annum interest rate, payable monthly. The pricing date for the notes is set for February 28, 2024, with an observation date one year later on February 28, 2025, and a maturity date shortly thereafter on March 5, 2025. The notes have a trigger value set at a maximum of 74.35% of the initial value, which is designed to protect investors' principal to a certain extent. However, if the final value of the reference stock is less than the trigger value at maturity, investors could lose more than...Show More
JPMorgan Chase Financial Company LLC has announced the offering of structured notes with JPMorgan Chase & Co. as the guarantor. The notes, with a minimum denomination of $1,000, are linked to the common stock of Amazon.com, Inc. and offer a 10.00% per annum interest rate, payable monthly. The pricing date for the notes is set for February 28, 2024, with an observation date one year later on February 28, 2025, and a maturity date shortly thereafter on March 5, 2025. The notes have a trigger value set at a maximum of 74.35% of the initial value, which is designed to protect investors' principal to a certain extent. However, if the final value of the reference stock is less than the trigger value at maturity, investors could lose more than 25.65% of their principal, and potentially the entire amount. The estimated value of the notes at the time of setting terms will be no less than $950.00 per $1,000 principal amount note. JPMorgan has highlighted several risks associated with the investment, including the potential loss of principal, credit risks of the issuer and guarantor, limited appreciation potential, and lack of liquidity in the secondary market. Investors are advised to consult their tax advisers regarding the U.S. federal income tax consequences of investing in the notes.
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