JPMorgan Chase Launches Auto Callable Notes Linked to J.P. Morgan Multi-Asset Index
JPMorgan Chase & Co., through its subsidiary JPMorgan Chase Financial Company LLC, has launched a new financial product called Auto Callable Notes Linked to the J.P. Morgan Multi-Asset Index.
The notes are designed for investors seeking early exit prior to maturity at a premium if, on any Review Date, the closing level of the J.P. Morgan Multi-Asset Index is at or above the Call Value.
The Call Value is greater than the Initial Value, and the earliest date on which an automatic call may be initiated is August 26, 2027.
Investors should be willing to forgo interest payments while seeking full repayment of principal at maturity. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, with a minimum denomination of $1,000.