JPMorgan Chase Issues Oracle-Linked Notes with Maximum 104.75% Return
JPMorgan Chase & Co. is issuing Capped Buffered Return Enhanced Notes linked to Oracle Corporation's common stock, as detailed in a preliminary pricing supplement dated September 23, 2026.
The notes are designed for investors seeking a return of 2.00 times any appreciation of the Reference Stock, up to a maximum return of at least 104.75%, at maturity on March 27, 2029. However, investors should be aware that they will forfeit interest and dividend payments and may lose up to 75% of their principal amount.
The notes are unsecured obligations of JPMorgan Chase Financial Company LLC, which is fully guaranteed by JPMorgan Chase & Co. The minimum denomination is $1,000, and the estimated value of the notes would be approximately $990.00 per $1,000 principal amount note if priced today.
The Strike Value was determined by reference to Oracle's closing price on September 22, 2026, at $149.20. The payment at maturity will be calculated based on the final value of Oracle's common stock on March 22, 2029, relative to the strike value and buffer amount.