Summary by Moomoo AI
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