JPMorgan issues $3B of 6.500% Reset Non-Cumulative Preferred Stock, Series OO

JPMORGAN CHASE & CO

Issued 300,000 shares of Series OO Preferred, liquidation preference $10,000 per share (total $3 billion).
Depositary shares (3,000,000) each representing 1/10th interest; trade under new symbol? Not specified.
Dividend rate 6.500% fixed-rate reset; restrictions on common dividends if preferred dividends not paid.
Underwriting agreement dated Jan 28, 2025; issuance completed Feb 4, 2025.

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