Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Callable Contingent Interest Notes, which are linked to the performance of the Russell 2000 Index, the SPDR S&P Bank ETF, and the Financial Select Sector SPDR Fund. The notes are designed to pay a contingent interest payment if each underlying index is above a specified interest barrier on the review dates. The notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be redeemed early at JPMorgan's discretion on any interest payment date, with the earliest possible redemption date being February 10, 2025. The notes are expected to price on or...Show More