Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has issued $2,000,000 in Callable Fixed Rate Notes due on June 14, 2029, with an interest rate of 5.50% per annum. The notes, dated June 12, 2024, are unsecured, unsubordinated obligations guaranteed by JPMorgan Chase & Co. They offer investors fixed income with the understanding that the notes could be called prior to the maturity date. The notes can be redeemed at JPMorgan's discretion on specified redemption dates, with the first possible redemption date being June 14, 2025. Interest will be paid semi-annually until the maturity date or an earlier redemption date. The notes are not bank deposits, are not FDIC insured, and involve certain risks, including credit risk and the potential for early...Show More