JPMorgan Chase Offers Uncapped Returns with New Auto Callable Notes
JPMorgan Chase Financial Company LLC has introduced Auto Callable Accelerated Barrier Notes Linked to the Common Stock of First Solar, Inc. These notes are designed for investors seeking early exit and uncapped returns.
The notes will be automatically called if the closing price of one share of First Solar's common stock on August 26, 2027 is greater than or equal to 100% of its Initial Value ($222.40). If this condition is met, each $1,000 principal amount note will receive a cash payment equal to $1,000 plus the Call Premium Amount of $380 per $1,000 principal amount on August 31, 2027.
If the notes are not automatically called and First Solar's stock price at maturity (August 24, 2028) is greater than its Initial Value, the payment at maturity will be calculated as $1,000 plus ($1,000 × Stock Return × Upside Leverage Factor of 1.50). The Stock Return is determined by the difference between the Final Value and the Initial Value.