Summary by Futu AI
JPMorgan Chase & Co. has issued a pricing supplement for $5,000,000 Callable Fixed Rate Notes due August 29, 2036, as part of its Series E medium-term notes. The notes, dated September 17, 2024, offer a 5.00% annual interest rate and are unsecured and unsubordinated obligations of the company, subject to its credit risk. The notes can be redeemed at JPMorgan's option on specified redemption dates, beginning September 19, 2026, and ending March 19, 2036. Interest will be paid semi-annually on March and September 19th of each year, starting from March 19, 2025. The notes are available in minimum denominations of $1,000 and integral multiples thereof. The offering includes a call feature, allowing JPMorgan to redeem the notes before the maturity date. The notes are not bank deposits, are not FDIC insured, and are not guaranteed by a bank. The pricing supplement, along with the prospectus and product supplement, provides detailed information on the terms, risks, and conditions of the notes. Investors are advised to consult with their financial advisors and consider the risk factors detailed in the accompanying documents before investing.