Summary by Futu AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Trigger Autocallable GEARS, which are unsecured and unsubordinated debt securities linked to a basket of five equity indices. These securities, due on or about June 29, 2029, are designed to provide returns linked to the performance of the EURO STOXX 50 Index, the Nikkei 225 Index, the FTSE 100 Index, the Swiss Market Index, and the S&P/ASX 200 Index. The securities will be automatically called if the basket closes at or above the autocall barrier on the observation date, with investors receiving the principal amount plus a call return of 10%. If not automatically called and the basket return is positive by maturity, investors will receive a return equal...Show More