Giant Global Banker JPMorgan Chase Sells a New Preferred

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Giant Global Banker JPMorgan Chase has sold a new non cumulative preferred stock offering.

Details of the offering are here.

This issue will begin to trade on the OTC grey market tomorrow (Friday)

JPMorgan Chase has 6 earlier preferred issues currently trading.  It is always good to check how the current issues are trading prior to making a decision on whether the new issue is superior to already outstanding issues.  Our comparison page (‘Swaps’) is here.

If you are unaware of how to buy preferred stocks at ‘wholesale’ prices you can get the details here.

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