Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has issued $9,168,000 in Digital Buffered Notes linked to the S&P 500 Index, with a maturity date of March 30, 2026. The notes, which are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., offer a fixed return of 9.65% if the Ending Index Level is greater than or equal to the Initial Index Level or is less than the Initial Index Level by up to 15.00%. Investors risk losing some or all of their principal if the Ending Index Level falls more than 15.00% below the Initial Index Level. The notes were priced on September 25, 2024, with an original issue date around September 30, 2024. The notes are designed for investors willing to forgo interest...Show More