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 5.90% 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 and are callable at the company's discretion on specified Redemption Dates starting May 17, 2026, and ending on November 17, 2030. The notes can be redeemed in whole but not in part, and may be purchased in minimum denominations of $1,000. The Pricing Date is set for May 15, 2024, with the Original Issue Date on May 17, 2024. The notes offer the potential for periodic redemption by JPMorgan at their option, and the payment at maturity is contingent upon...Show More