Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Callable Contingent Interest Notes linked to the lesser performing of the S&P 500 Index and the SPDR S&P Biotech ETF, with a due date of July 22, 2027. The notes, which are designed for investors seeking contingent interest payments based on the performance of the underlying indices, are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co. The notes may be redeemed early at JPMorgan's discretion on any Interest Payment Date, with the earliest possible redemption date being January 24, 2025. The notes are expected to price on or about July 19, 2024, with a settlement date on or about July 24, 2024. The notes carry risks, including...Show More