Deals 02/19/2020

Loop Capital Markets serves as co-manager on $1.50 billion junior subordinated preferred notes offering for JPMorgan Chase & Company

On February 19, 2020, Loop Capital Markets served as a co-manager on a JP Morgan Chase $1.50 billion, junior subordinated, preferred notes offering. The notes are rated Baa2/BBB- and feature a perpetual call beginning in April 2025.

JPMorgan Chase intends to use the net proceeds of the offering for general corporate and regulatory capital purposes.