Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the pricing of its $100,000 Capped Notes linked to the Dow Jones Industrial Average, due on July 1, 2027. The notes, which are unsecured and unsubordinated obligations, offer investors exposure to the Dow Jones Industrial Average with a maximum return of 35.60% at maturity, while requiring investors to forgo interest and dividend payments and seek at least 95.00% repayment of principal at maturity. The notes are guaranteed by JPMorgan Chase & Co. and were priced on July 8, 2024, with a settlement date on or about July 11, 2024. The notes are subject to the credit risk of both the issuer and the guarantor, and investing in the notes involves a number of risks as...Show More