JPMorgan Chase Announces CME Term SOFR As Replacement Reference Rate For Outstanding U.S. Dollar Libor-Linked Securities And Other Instruments
March 02, 2023
March 02, 2023
NEW YORK, March 2 -- JPMorgan Chase and Co. issued the following news release on March 1, 2023:
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") announced today that, after June 30, 2023, CME Term SOFR will be the replacement reference rate for certain outstanding floating rate and fixed-to-floating rate debt securities, preferred stock and certificates of deposit issued by JPMorgan Chase & Co., JPMorgan Chase Financial Company LLC and JP . . .
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") announced today that, after June 30, 2023, CME Term SOFR will be the replacement reference rate for certain outstanding floating rate and fixed-to-floating rate debt securities, preferred stock and certificates of deposit issued by JPMorgan Chase & Co., JPMorgan Chase Financial Company LLC and JP . . .