JPMorgan Chase Announces Redemption of Approximately $5 Billion in Aggregate Amount of Outstanding T

JPMorgan Chase Announces Redemption of Approximately $5 Billion in Aggregate Amount of Outstanding Trust Preferred Capital Securities

NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase & Co. (NYS: JPM) announced today that each of the trusts listed below will redeem all of the issued and outstanding trust preferred capital securities identified below (the "Trust Preferred Securities") on May 8, 2013 pursuant to the optional redemption provisions provided in the documents governing such Trust Preferred Securities. In each case, the redemption price will be 100% of the liquidation amount of each Trust Preferred Security, together with accrued and unpaid distributions to the redemption date. The redemptions will be funded with available cash.

Trust

Security

Amount

CUSIP

NYSE Ticker

J.P. Morgan Chase Capital X

7.000% Capital Securities, Series J

$1,000,000,000

46623D200

JPM-PrJ

J.P. Morgan Chase Capital XI

5.875% Capital Securities, Series K

$1,075,000,000

46626V207

JPM-PrK

J.P. Morgan Chase Capital XII

6.250% Capital Securities, Series L

$400,000,000

46626X203

JPM-PrX

JPMorgan Chase Capital XIV

6.200% Capital Securities, Series N

$600,000,000

48122F207

JPM-PrY

JPMorgan Chase Capital XVI

6.350% Capital Securities, Series P

$500,000,000

481228203

JPM-PrP

JPMorgan Chase Capital XIX

6.625% Capital Securities, Series S

$562,500,000

48123A207

JPM-PrS

JPMorgan Chase Capital XXIV

6.875% Capital Securities, Series X

$700,000,000

48123W209

JPM-PrW

BANK ONE Capital VI

7.200% Preferred Securities

$100,000,000

06423W204

JPM-PrO

About JPMorgan Chase & Co.


JPMorgan Chase & Co. (NYS: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. 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.



JPMorgan Chase & Co.
Media:
Joe Evangelisti, 212-270-7438
joseph.evangelisti@jpmchase.com
or
Investors:
Sarah Youngwood, 212-270-7325
sarah.m.youngwood@jpmorgan.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

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