Alerian MLP Index ETN SEC Filings

JPMorgan Chase & Co. is offering $2,800,000 of callable fixed-rate notes due January 30, 2036. The notes pay interest annually at a fixed rate of 4.80% per year, using a 30/360 day-count basis, with payments on January 30 of each year starting in 2027.

JPMorgan may redeem the notes early, in whole but not in part, on January 30 and July 30 of each year from 2028 through 2035 at par plus accrued interest. The public issue price is $1,000 per note, with underwriting fees and commissions of $16.652 per $1,000 and issuer proceeds of $983.348 per $1,000.

The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any governmental agency. The disclosure highlights that in a resolution scenario, losses would be borne first by equity holders and then by unsecured creditors, including holders of these notes, and that claims on the notes rank behind creditors of JPMorgan’s subsidiaries. Tax counsel expects the notes to be treated as fixed-rate debt instruments for U.S. federal income tax purposes.

JPMorgan Chase & Co. is offering callable fixed-rate notes due February 13, 2036. The notes pay 4.80% annual interest, with interest paid each February 13 starting in 2027. Investors receive principal plus accrued interest at maturity if the notes have not been called.

The issuer may redeem the notes at par plus accrued interest on February 13 and August 13 of each year from 2028 through 2035. The public offering price per $1,000 note is between $975.10 and $1,000, with selling commissions up to $37.50 per $1,000 note. The filing highlights resolution and bankruptcy risks, where unsecured noteholders could be subordinated to subsidiary and secured creditors in an orderly resolution scenario.

JPMorgan Chase & Co. is offering $1,000,000 of Callable Fixed to Floating Rate Notes due January 30, 2046, issued in $1,000 denominations. The notes pay a fixed 11.00% per annum from issuance on January 30, 2026 through January 30, 2028, with interest paid quarterly.

After that, interest becomes floating at (7.00% − the Benchmark Rate) × 1.50, initially using Compounded SOFR as the Benchmark Rate, with a 0.00% floor. JPMorgan may redeem the notes in whole at par plus accrued interest on quarterly dates from January 30, 2028 to October 30, 2045. The notes are unsecured obligations, not bank deposits, not FDIC insured, and involve benchmark, structural subordination, market, and complex U.S. tax risks.

JPMorgan Chase & Co. is offering callable fixed rate notes due August 13, 2038. The notes pay a fixed 5.05% per annum, with interest paid annually on February 13, starting in 2027, and on the maturity date, so long as the notes have not been redeemed earlier.

Beginning February 13, 2028, and on each February 13 and August 13 through 2038, JPMorgan may redeem the notes at par plus accrued interest, so investors face call risk if rates fall. The notes are unsecured obligations of JPMorgan Chase & Co., use a 30/360 day count, and are not insured by the FDIC or any government agency.

The disclosure highlights JPMorgan’s preferred “single point of entry” resolution strategy under U.S. bankruptcy and Dodd-Frank Title II, under which losses would be borne first by equity holders and then unsecured creditors, including holders of these notes. In a resolution, claims of these noteholders would be structurally junior to creditors of JPMorgan’s subsidiaries, so recoveries could be limited.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $500,000 of Auto Callable Contingent Buffered Return Enhanced Notes linked to the Nasdaq-100 Index.

Each note has a $1,000 face amount. On the February 8, 2027 review date, if the index closes at or above the strike level of 25,713.21, the notes are automatically called and pay back principal plus a 12.35% call premium.

If not called and the index ends above the strike on the January 26, 2028 valuation date, investors earn leveraged upside with a 1.50× participation in index gains. If the index is down but within the 20% contingent buffer, principal is returned. Below that buffer, losses match the index decline, up to total loss of principal.

The price to the public is $1,000 per note, including $15 in fees, with $985 in proceeds to the issuer. The estimated value at pricing is $978.50, reflecting selling commissions, hedging costs and dealer profits, and secondary market prices may be lower.

JPMorgan Chase & Co. is offering senior unsecured callable fixed rate notes paying 5.15% per annum, with interest paid annually on February 13, beginning in 2027 and ending in 2037, and on the February 12, 2038 maturity date.

The notes may be redeemed by JPMorgan at par plus accrued interest on February 13 and August 13 of each year from 2028 through 2037, in whole but not in part. They are subject to JPMorgan’s “single point of entry” resolution strategy, meaning losses in an insolvency would be borne first by equity holders and then unsecured creditors, including holders of these notes, after priority and secured claims are satisfied.

The price to the public is generally $1,000 per $1,000 principal amount, with eligible institutional or fee-based accounts potentially paying between $972.60 and $1,000. Selling commissions, paid by JPMS to dealers, are expected to be about $10 and capped at $35 per $1,000 principal amount.

JPMorgan Chase Financial Company LLC is issuing $275,000 of auto callable accelerated barrier notes linked to the iShares Bitcoin Trust ETF, due February 1, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may be automatically called on January 29, 2027, paying $1,212.50 per $1,000 note if the ETF closes at or above the call value. If not called and the ETF rises, investors receive 1.50 times the ETF’s gain at maturity; if it finishes below 70% of the initial value of $50.63, they lose principal, potentially all of it. The notes pay no interest, are unsecured, and expose holders to both JPMorgan credit risk and the high volatility and regulatory uncertainties of bitcoin.

JPMorgan Chase & Co. is offering $7,200,000 of callable fixed rate notes due January 28, 2033, paying a fixed 4.55% annual interest rate. Interest is paid in arrears each January 30 from 2027 through 2032 and at maturity, using a 30/360 day count convention.

The issuer may redeem all notes, but not part, on January 30 and July 30 of each year from 2028 through 2032 at par plus accrued interest. Notes are priced at $1,000 per note, generating $7,144,200 of proceeds to JPMorgan after $55,800 in fees and commissions.

The notes are unsecured obligations of JPMorgan Chase & Co., not bank deposits and not FDIC insured. In a JPMorgan resolution under U.S. bankruptcy or Dodd-Frank Title II regimes, losses would be borne first by equity and then by unsecured creditors, including these notes, which rank structurally below creditors of subsidiaries.

JPMorgan Chase & Co. is offering fixed-to-floating rate subordinated notes under its existing shelf registration. These unsecured notes mature on a stated date, pay a fixed interest rate for an initial period, then switch to a floating rate based on Compounded SOFR plus a spread.

The notes rank junior to all Senior Indebtedness, including approximately $312.5 billion of senior long-term debt and other obligations outstanding on a non‑consolidated basis as of December 31, 2024. Holders generally cannot accelerate payment except in the case of JPMorgan Chase & Co.’s bankruptcy, reorganization or insolvency.

The notes are callable at JPMorgan Chase & Co.’s option, including a make‑whole redemption before a specified first par call date and par redemption thereafter, subject to regulatory approvals. They will not be listed on any securities exchange. Net proceeds will be contributed to JPMorgan Chase Holdings LLC for general corporate purposes, including funding subsidiaries, paying dividends, refinancing securities and potential acquisitions or business expansion.