JPMorgan Launches Structured Notes Linked to Major U.S. Indices

JPMorgan Chase Financial Company LLC has announced the offering of new structured investment notes tied to major U.S. indices. The 2.5-year Non-Callable 6-Month Auto Callable Contingent Interest Notes are linked to the Nasdaq-100 Index, Russell 2000 Index, and S&P 500 Index, with a maturity date set for April 19, 2029. The notes feature a contingent interest rate ranging from 9.25% to 11.25% per annum, paid monthly, provided certain conditions are met.

The notes have a minimum denomination of $1,000, and the issuer guarantees an estimated value of at least $900 per note at the time of issuance. The investment includes an automatic call feature, which means if the closing values of all underlying indices meet or exceed their initial values on any review date (excluding the first six and final review dates), the notes will be automatically called, and investors will receive their principal plus any applicable contingent interest.

At maturity, if the notes have not been called and the final values of all underlying indices meet or exceed their trigger values (70% of their initial values), investors will receive their principal plus the final contingent interest payment. However, if any index falls below its trigger value, investors risk losing more than 30% of their principal or even their entire investment. The notes are subject to the credit risk of both the issuer, JPMorgan Chase Financial Company LLC, and the guarantor, JPMorgan Chase & Co.

The offering includes several risks, such as potential losses, no guarantee of interest payments, exposure to market fluctuations of the underlying indices, and limited liquidity in the secondary market. The estimated value of the notes is based on an internal funding rate and may differ from other estimates. Investors are advised to consult with a tax advisor regarding the potential tax implications of these notes.