StockWatch
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Major Banks
Loan & DebtMar 30, 2026, 06:35 AM

JPMorgan Chase Closes $5 Billion Offering of Fixed-to-Floating Rate Notes

AI Summary

JPMorgan Chase & Co. announced the closing of public offerings totaling $5 billion in aggregate principal amount of Fixed-to-Floating Rate Notes. The offering includes $2 billion of notes due in 2031 and $3 billion of notes due in 2036, registered under the Securities Act of 1933. This issuance increases the company's debt and provides capital for general corporate purposes.

Key Highlights

  • JPMorgan Chase closed offerings of $2 billion in notes due 2031 and $3 billion in notes due 2036.
  • The notes are Fixed-to-Floating Rate Notes.
  • The offerings were registered under the Securities Act of 1933.