NEW YORK (S&P Global Ratings) Nov. 21, 2024--S&P Global Ratings raised its short-term ratings on nine notes backed by letters of credit (LOCs) from JPMorgan Chase Bank N.A. to 'A-1+' from 'A-1' (see table). The rating actions reflect our raising the long- and short-term ratings on JPMorgan Chase Bank N.A. to AA-/A-1+ on Nov. 15, 2024. (For more information, see "Research Update: JPMorgan Chase&Co. Upgraded To 'A/A-1' On Franchise Strength And Expected Continued Solid Performance; Outlook Stable," published Nov. 15, 2024, on RatingsDirect.) The ratings reflect our view of the credit and liquidity support that JPMorgan Chase Bank N.A. provides for the notes in the form of an irrevocable direct-pay LOC for each series. In view of the
