
JPMorgan Chase Capital XIII, established in New York City, is a subsidiary of JPMorgan Chase & Co., one of the largest financial institutions in the United States. The company focuses primarily on capital market activities, including the issuance of debt securities, which serve to finance various corporate undertakings and support its parent bank's broader strategic goals.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
JPM 5.41% 2037-02-02 USDJPMorgan Chase Capital XIII | United States | 2037-02-02 | 5.410 | 5.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, JPMorgan Chase Capital XIII has played a significant role in the bond market, with its first bond offering recorded in 2008. Notably, the entity issued a substantial $1 billion in senior notes in 2021, which were well-received amidst low-interest rate environments, leading to yields competitive with industry standards. Special features of their bonds often include fixed interest rates and call options, providing flexibility for the company. Recently, in 2023, a new issuance linked to sustainable financing gained attention, reflecting the current trend towards environmentally responsible investments.