JPMorgan Chase Financial Company LLC Declares Updated Quarterly Coupon on Cushing® 30 MLP Index ETN
NEW YORK--(BUSINESS WIRE)--Aug 1, 2018--JPMorgan Chase Financial Company LLC announced today the updated quarterly coupon amount for the Cushing ® 30 MLP Index ETN (NYSE Arca: PPLN). The table below summarizes the coupon amount for the Cushing ® 30 MLP Index ETN (the “Notes”).
1) As defined in the market making supplement dated April 5, 2018 as follows:
2) “Current Yield” equals the updated Coupon Amount annualized and divided by the closing price of the Notes on July 30, 2018, and rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the Notes.
The Notes are senior, unsecured obligations of JPMorgan Chase Financial Company LLC, the payment of which is fully and unconditionally guaranteed by JPMorgan Chase & Co. This press release amends the press release dated July 20, 2018.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Investment suitability must be determined individually for each investor, and the Notes may not be suitable for all investors. This information is not intended to provide and should not be relied upon as providing accounting, legal, regulatory or tax advice.
Investors should consult with their own advisors as to these matters.
JPMorgan Chase & Co. and JPMorgan Chase Financial Company LLC have filed a registration statement (including a prospectus) with the SEC for any offerings to which these materials relate.
Before you invest, you should read the prospectus in that registration statement and the other documents relating to any offerings to which these materials relate that JPMorgan Chase & Co. and JPMorgan Chase Financial Company LLC have filed with the SEC for more complete information about JPMorgan Chase & Co., JPMorgan Chase Financial Company LLC and any offering to which these materials relate.
You may get these documents without cost by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, JPMorgan Chase & Co., JPMorgan Chase Financial Company LLC or any agent or any dealer participating in the any offerings to which these materials relate will arrange to send you the prospectus and each prospectus supplement as well as any product supplement, underlying supplement and pricing supplement if you so request by calling toll-free 866-535-9248.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180801005911/en/
CONTACT: J.P. Morgan Chase & Co.
JPMorgan Cushing ETN team, 1-800-576-3529
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: JPMorgan Chase & Co.
Copyright Business Wire 2018.
PUB: 08/01/2018 04:45 PM/DISC: 08/01/2018 04:45 PM