Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Callable Contingent Interest Notes, which are linked to the performance of the NASDAQ-100 Index, the Russell 2000 Index, and the S&P 500 Index. The notes are designed for investors seeking contingent interest payments, provided that each index's closing level is at or above 70% of its initial value on review dates. The notes, which are unsecured and unsubordinated obligations, may be redeemed early at JPMorgan's discretion on specified interest payment dates, with the earliest possible redemption date being July 11, 2025. The notes are expected to price on or about July 8, 2024, and settle on or about July 11, 2024, with a maturity date of July 12, 2029. The...Show More