Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Uncapped Accelerated Barrier Notes linked to the MSCI Emerging Markets Index, with a maturity date of July 1, 2027. These notes are designed for investors seeking a return of at least 1.27 times any appreciation of the index at maturity, but also involve the risk of losing some or all of the principal if the index underperforms. The notes are unsecured and unsubordinated, with JPMorgan Chase & Co. providing a full and unconditional guarantee. The minimum investment is set at $1,000 denominations, and the notes are expected to price on or about June 28, 2024, with settlement around July 3, 2024. The notes will not pay interest or dividends, and their...Show More