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Alston & Bird

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Alston & Bird Advises JPMorgan Chase on $1.5 Billion Securitization | News & Insights | Alston & Bird

Alston & Bird represented JPMorgan Chase Bank N.A. as sponsor, originator, administrator, and servicer; Chase Card Funding LLC as depositor and transferor; and Chase Issuance Trust as issuing entity on the public securitization of approximately $1.5 billion in credit card receivables. The securitization consisted of Class A (2025-1) notes issued by Chase Issuance Trust and rated AAAsf by Fitch Inc. and AAA(sf) by S&P Global Ratings. J.P. Morgan, Barclays, CastleOak Securities L.P., Mischler Financial Group Inc., Scotiabank, Siebert Williams Shank, and TD Securities were the underwriters for the SEC-registered issuance, which closed on July 25, 2025.