JPMorgan Chase & Co.'s Callable Bond Scheduled for Redemption in April
JPMorgan Chase & Co.'s 12.0% 31-JUL-2046 bond has a callable redemption profile, allowing the issuer to repurchase the debt at a predetermined price.
The bond's redemption details show that it has been called on multiple occasions since its issuance, with the most recent call occurring in January 2022.
The redemption schedule indicates that the next call date is set for April 2023, giving investors five days' notice.
The bond's issuer, JPMorgan Chase & Co., has a history of calling its callable bonds before maturity to take advantage of favorable market conditions or to refinance debt at lower interest rates.