JPMorgan Chase’s callable notes promise at least $7.1667 per $1,000 note when all three indices meet the 50.00% barrier, equating to at least 8.60% annually. Investors should weigh that conditional payment against an estimated value of approximately $980.00 per $1,000 and risks affecting secondary-market prices.
Key Highlights
- Payments require every linked index to remain at or above 50.00% of its initial value on review dates.
- The minimum contingent interest payment is $7.1667 per $1,000 principal amount on each qualifying interest payment date.
- Selling commissions are capped at $6.50 per $1,000 note.
JPMorgan Chase & Co. is a Banks - Diversified company. JPMorgan Chase Financial Company LLC filed preliminary terms for callable contingent-interest notes due September 28, 2028, with JPMorgan Chase & Co. providing a full and unconditional guarantee.
Each $1,000 principal amount note carries a contingent interest payment of at least $7.1667 when that condition is met. The contingent Interest Rate is at least 0.71667% per month. The pricing date is on or about September 24, 2026. J.P. Morgan Securities LLC is acting as agent, and its selling commissions cannot exceed $6.50 per $1,000 principal amount.
Estimated Value and Secondary-Market Conditions
If priced today, the notes’ estimated value would be approximately $980.00 per $1,000 principal amount. That estimate will not be less than $950.00 per $1,000 when the final terms are set. The original issue price will exceed the estimated value because it includes selling, structuring and hedging-related costs, along with possible third-party data and platform fees. The document says changes in that internal rate may adversely affect the notes’ terms and secondary-market prices.
FAQs
Q: What is the JPMorgan Chase callable notes interest rate?
A: Payments remain conditional on the linked indices. The contingent interest rate is at least 8.60% per annum, payable at a rate of at least 0.71667% per month.
Q: How much is the estimated value of JPMorgan Chase notes?
A: The estimated value is approximately $980.00 per $1,000 principal amount if priced today. The value will not be less than $950.00 per $1,000 when terms are set.
Q: Which indexes are linked to the JPMorgan callable notes?
A: The notes are linked to the Nikkei 225 Index, the S&P 500 Index and the EURO STOXX 50 Index. A contingent interest payment requires each index to meet its interest barrier.
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