JPMorgan Chase & Co. is offering callable fixed-rate notes due February 27, 2034. The notes pay 4.65% per annum, with interest paid annually on February 27, starting in 2027, based on a 30/360 day-count convention.
The issuer may redeem the notes at par plus accrued interest on the 27th of February, May, August and November from February 27, 2028 through November 27, 2033, in whole but not in part. The notes are unsecured obligations of JPMorgan Chase & Co. and, in a resolution scenario, losses would be borne after equity but ahead of JPMorgan Chase & Co.’s shareholders, and structurally behind creditors of its subsidiaries.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering return enhanced notes linked to the Nasdaq-100 Futures Excess Return Index. The notes provide 3.15 times any positive Index Return at maturity, with no cap on gains.
The notes pay no interest and offer no principal protection. If the Ending Index Level is below the Index Strike Level of 669.6414, investors lose 1% of principal for each 1% Index decline, potentially losing the entire investment. The 10-year notes, priced at $1,000 each in minimum denominations of $10,000, have a total offering size of $3,000,000.
Fees and commissions are $15 per note, leaving $985 in proceeds to the issuer per note. The estimated value at pricing was $974.10 per $1,000 note, reflecting selling costs and hedging. The notes are unsecured, unsubordinated obligations, not bank deposits, and are subject to the credit risks of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering $1,260,000 of unsecured notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, maturing on February 14, 2029 and fully guaranteed by JPMorgan Chase & Co.
The notes have $1,000 minimum denominations and do not pay interest or dividends. At maturity, holders receive $1,000 plus 114% of any positive return of the least performing index, provided all three indices finish above their initial levels. If any index ends below its initial level, repayment equals $1,000 plus the least performing index return, but not less than $950 per $1,000, so up to 5% of principal may be lost.
The price to the public is $1,000 per note, including $9.50 in selling commissions, for issuer proceeds of $1,248,030. The estimated value at pricing was $980.30 per $1,000, reflecting selling, structuring and hedging costs. The notes will not be listed, and payments are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering 5-year, callable structured notes linked to the MerQube US Large-Cap Vol Advantage Index (MQUSLVA). The index uses leveraged E‑Mini S&P 500 futures exposure, targets volatility and applies a 6.0% per annum daily deduction.
The notes may pay a contingent interest rate of at least 10.55% per annum, credited quarterly at a rate of at least 2.6375%, but only if on a review date the index level is at or above a specified interest barrier. The issuer can automatically call the notes on certain quarterly review dates if the index is at or above its initial level, returning principal plus the applicable contingent interest.
At maturity, if the notes have not been called and the index is at or above the 50.00% trigger value, investors receive principal plus any final contingent interest. If the final index value is below the trigger, repayment is reduced one-for-one with the index decline, exposing investors to losses of more than 50% and up to full principal loss. The estimated value at pricing will not be less than $870 per $1,000 note.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5-year, auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index. The Index reflects a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund-based underlying.
The notes pay a contingent interest rate of at least 10.55% per annum, credited quarterly at at least 2.6375% when the Index is at or above a 60% Interest Barrier on a review date. They can be automatically called on quarterly review dates (other than the first three and final) if the Index is at or above its Initial Value.
If the notes are not called and the Final Value is at or above a 50% Trigger Value, investors receive principal plus the final contingent interest. If the Final Value is below the Trigger Value, repayment is reduced one-for-one with the Index loss, potentially to zero. The estimated value at pricing will not be less than $880 per $1,000 note, and payments are subject to the credit risk of the issuer and guarantor.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 27, 2036 under its medium-term note program. The notes pay 5.00% per annum, with interest paid annually on February 27, starting in 2027, using a 30/360 day count convention.
The issuer may redeem the notes at par plus accrued interest on February 27 and August 27 of each year from February 27, 2028 through August 27, 2035, so investors face reinvestment risk if they are called early. Principal is repaid at maturity if the notes are not redeemed.
The notes are unsecured obligations of JPMorgan Chase & Co. and are subject to its single-point-of-entry and potential Title II resolution strategies, meaning noteholders rank behind creditors of subsidiaries and certain priority and secured creditors in a stress scenario. The notes are not bank deposits and are not FDIC insured.
JPMorgan Chase Financial Company LLC is offering S&P 500®-linked digital notes that pay a fixed 114.60% return if the index ending level is at or above the strike. In that case, investors receive $2,146 per $1,000 note at maturity in 2036.
If the S&P 500® ends below the strike, principal is reduced one-for-one with the index loss, up to a complete loss. The notes have a minimum denomination of $10,000, carry no interest or dividends, and are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. The total offering size is $1,500,000, with an estimated value of $950.90 per $1,000 note at pricing.
JPMorgan Chase Financial Company LLC is offering uncapped accelerated barrier notes linked to the lesser performance of the Dow Jones Industrial Average and the S&P 500 Index, maturing in March 2031 and fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide at least 1.27x the gain of the lesser-performing index if both finish above their initial levels. Principal is repaid only if each index stays at or above 75% of its initial level; if either falls below that barrier, repayment is reduced one-for-one with the lesser-performing index and investors can lose all principal.
The notes pay no interest, provide no dividends, are issued in minimum denominations of $1,000, and are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. An example estimated value is $948 per $1,000 note, and the final estimated value at pricing will not be less than $900.
JPMorgan Chase Financial Company LLC is offering $669,000 of unsecured Uncapped Digital Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500, maturing February 14, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
At maturity, investors get uncapped exposure to any gain in the least performing index, with a contingent minimum return of 39.25% if all three final levels are at or above their initial levels. If any index finishes below its initial level but all stay at or above 70% of initial, principal is returned.
If any index closes below 70% of its initial level, repayment is reduced 1% for each 1% decline of the least performing index, down to a possible total loss. The notes pay no interest, provide no dividends, are not listed on an exchange, and carry the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note and the estimated value at pricing was $970.30.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., offers Capped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Index, maturing on March 2, 2028, in $1,000 denominations.
The notes provide 1.25x leveraged upside on index gains, subject to a Maximum Upside Return of at least 17.30%. If the index is flat or down by up to 10%, investors earn the index’s absolute loss up to a 10.00% positive return. Below a 10% loss, principal is reduced 1% for each 1% additional decline, exposing investors to up to 90.00% loss at maturity.
The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and will not be listed on an exchange. If priced today, their estimated value would be approximately $967.30 per $1,000, and will not be less than $900.00 per $1,000 at pricing.