Chase Capital IV Redemption.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 16, 2003 J.P. Morgan Chase & Co. and Chase Capital IV, a Delaware business trust subsidiary of J.P. Morgan Chase & Co., have announced that Chase Capital IV (NYSE NYSE See: New York Stock Exchange : CMV CMV cytomegalovirus. CMV abbr. 1. controlled mechanical ventilation 2. cytomegalovirus Cytomegalovirus (CMV) ) will redeem on November 10, 2003 (the "Redemption Date Redemption date The date on which a bond matures or is redeemed. redemption date The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date. "), all 14 million shares of Chase Capital IV's $350,000,000 7.34% Capital Securities, Series D (CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. 16147N208) due December 6, 2027 (the "Series D Securities"), at a redemption price equal to the aggregate Liquidation Amount of the Series D Securities plus accumulated and unpaid distributions thereon to the date of redemption. On the Redemption Date, the Liquidation Amount and accumulated and unpaid distributions will become due and payable upon the Series D Securities and distributions on the Series D Securities will cease to accrue. Payment will be made only upon presentation and surrender of the Series D Securities to The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. as Paying Agent, for cancellation. J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $803 billion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, investment management, private banking and private equity. A component of the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. , JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers nationwide, and many of the world's most prominent corporate, institutional and government clients. Information about JPMorgan Chase is available on the internet at www.jpmorganchase.com. |
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