share_log

424B2: Prospectus

SEC announcement ·  Jun 15 05:00
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Medium-Term Notes, Series A, in the form of Capped Buffered Enhanced Participation Basket-Linked Notes due 2025. These notes are designed to provide investors with exposure to a basket of indices, including the EURO STOXX 50 Index, TOPIX Index, FTSE 100 Index, Swiss Market Index, and S&P/ASX 200 Index, without paying interest. The return on the notes, which are guaranteed by JPMorgan Chase & Co., will be determined by the performance of this unequally weighted basket from the trade date, expected to be around June 18, 2024, to the determination date, set for October 1, 2025. The notes offer a positive return if the basket performance is above...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Medium-Term Notes, Series A, in the form of Capped Buffered Enhanced Participation Basket-Linked Notes due 2025. These notes are designed to provide investors with exposure to a basket of indices, including the EURO STOXX 50 Index, TOPIX Index, FTSE 100 Index, Swiss Market Index, and S&P/ASX 200 Index, without paying interest. The return on the notes, which are guaranteed by JPMorgan Chase & Co., will be determined by the performance of this unequally weighted basket from the trade date, expected to be around June 18, 2024, to the determination date, set for October 1, 2025. The notes offer a positive return if the basket performance is above the initial level, subject to a maximum settlement amount, and principal protection against a basket decline of up to 12.50%. However, if the basket declines by more than 12.50%, investors will experience a loss, potentially the entire investment. The notes are not FDIC insured and involve risks including the credit risk of the issuer and guarantor. The preliminary pricing supplement, dated June 14, 2024, is subject to completion, and the notes are expected to be issued on or about June 26, 2024.

This announcement is a separate document:

Doc 1

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.