JPMorgan Chase is Marketing callable contingent-interest notes with $1,000 principal amounts and payments of at least $8.00 when each linked index stays above its 70.00% barrier. The estimated value is approximately $972.50 per $1,000 note, while the securities are neither bank deposits nor FDIC-insured.
Key Highlights
- The notes may pay at least $8.00 per $1,000 on an applicable Interest Payment Date only when every linked index closes at or above 70.00% of its initial value on the relevant review date.
- The notes are linked to the least-performing Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index.
- Contingent interest is payable only when each linked index is at or above 70.00% of its initial value on a review date.
JPMorgan Chase & Co. fully and unconditionally guarantees the notes. The securities are due August 30, 2028.
Structured Notes Set 70.00% Index Barrier
A payment of at least $8.00 per $1,000 note is available on an applicable Interest Payment Date only when every linked index closes at or above 70.00% of its initial value on the relevant review date. That threshold also serves as the Interest Barrier and Trigger Value for each index. A closing level below the barrier for any index means no contingent interest payment for that review date. The pricing date is expected on or about September 25, 2026. The preliminary terms may change before completion. Investors who reject revisions will have their purchases canceled. J.P. Morgan Securities LLC is acting as agent, and selling commissions cannot exceed $10.00 per $1,000 principal amount note. The estimated value, when the terms are set, will not be less than $900.00 per $1,000 principal amount note.
FAQs
Q: What contingent interest can JPMorgan Chase structured notes pay?
A: Each $1,000 principal amount note can pay at least $8.00 on an applicable Interest Payment Date when every index meets its 70.00% barrier. No payment applies for a review date when any index falls below it.
Q: What is the estimated value of JPMorgan Chase notes?
A: When the terms are set, the estimated value will not be less than $900.00 per $1,000 principal amount note.
Q: Which indexes are linked to the JPMorgan Chase notes?
A: The notes are linked to the least-performing Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index. Their closing levels determine whether contingent interest is paid on each review date.
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