Current Report Filing (8-k)
February 27 2015 - 4:48PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): February 27, 2015
JPMORGAN CHASE & CO.
(Exact Name of Registrant as Specified in Charter)
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| Delaware |
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001-05805 |
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13-2624428 |
| (State or Other Jurisdiction
of Incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
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| 270 Park Avenue,
New York, NY |
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10017 |
| (Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: (212) 270-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On February 27, 2015, JPMorgan Chase & Co. (the “Company”) issued
a press release announcing the redemption on April 2, 2015 of the issued and outstanding $1,500,000,000 aggregate liquidation amount of the 6.70% Capital Securities, Series CC (the “Trust Preferred Securities”) issued by JPMorgan
Chase Capital XXIX pursuant to the optional redemption provisions provided in the documents governing such Trust Preferred Securities. Under applicable regulatory capital requirements issued by the Federal Reserve, upon notice of redemption, the
Trust Preferred Securities will no longer qualify as Tier 1 capital for the Company. The redemptions will be funded with available cash.
A copy of the
press release referenced above is attached hereto as Exhibit 99.1.
| Item 9.01. |
Financial Statements and Exhibits |
(d) Exhibits
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| 99.1 |
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JPMorgan Chase & Co. press release, dated February 27, 2015 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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| JPMORGAN CHASE & CO. |
| (Registrant) |
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| By: |
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/s/ Anthony J. Horan |
| Name: |
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Anthony J. Horan |
| Title: |
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Corporate Secretary |
Dated: February 27, 2015
EXHIBIT INDEX
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Exhibit
Number |
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Description |
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| 99.1 |
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JPMorgan Chase & Co. press release, dated February 27, 2015 |
Exhibit 99.1
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| JPMorgan Chase & Co.
270 Park Avenue, New York, NY 10017-2070 NYSE symbol: JPM
www.jpmorganchase.com |
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News release: IMMEDIATE RELEASE
JPMORGAN CHASE ANNOUNCES REDEMPTION OF
$1.5 BILLION OF
OUTSTANDING TRUST PREFERRED CAPITAL SECURITIES
NEW YORK, FEBRUARY 27, 2015 – JPMorgan Chase & Co. (NYSE: JPM) announced today that JPMorgan Chase Capital XXIX will redeem all of the
issued and outstanding $1,500,000,000 aggregate liquidation amount of its 6.70% Capital Securities, Series CC (the “Trust Preferred Securities”) (CUSIP 48125E207; NYSE: JPM-PrC) on April 2, 2015 pursuant to the optional redemption
provisions provided in the documents governing such Trust Preferred Securities. 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
redemption will be funded with available cash.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a
leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. 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.
# # #
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| Media Contact: |
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Jennifer Kim |
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(212) 622-7068 |
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| Investor Contact: |
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Sarah Youngwood |
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(212) 270-7325 |
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