Summary by Moomoo AI
JPMorgan Chase & Co. has announced the offering of Callable Fixed Rate Notes due August 16, 2044, with an interest rate of 5.50% per annum. These unsecured and unsubordinated obligations are subject to the credit risk of the issuer. The notes, which can be redeemed at the issuer's option on specified redemption dates beginning August 16, 2026, and ending on February 16, 2044, are available in minimum denominations of $1,000. The offering is part of a larger series of medium-term notes detailed in the prospectus and product supplements dated April 13, 2023. The pricing date is set for August 14, 2024, with the original issue date on August 16, 2024. The notes are not bank deposits, are not FDIC insured, and involve a number of risks, including the possibility of being called prior...Show More