Summary by Futu AI
JPMorgan Chase Financial Company LLC, with JPMorgan Chase & Co. as the guarantor, has announced the offering of Contingent Interest Notes linked to the Russell 2000 Index, Nasdaq-100 Index, and S&P 500 Index. The notes have a minimum denomination of $1,000, with a pricing date set for July 19, 2024, and a maturity date of July 22, 2027. The notes offer a semiannual Contingent Interest Rate of at least 7.00% per annum, provided the indices do not fall below 65.00% of their initial values. The estimated value of the notes at the time of setting their terms will be no less than $940.00 per $1,000 principal amount note. Payment at maturity is contingent on the performance of the indices, with the potential for investors to lose more than 35.00% of their principal...Show More