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Published on 6/7/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $115,000 uncapped dual directional buffered equity notes on indexes

Chicago, June 7 – JPMorgan Chase Financial Co. LLC priced $115,000 of 0% uncapped dual directional buffered equity notes, due Feb. 1, 2024 linked to the Nasdaq-100 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 1.05 times any gain of the worst performer.

If the worst performer loses up to 15% of its value, the payout will be par plus the absolute value of its return, resulting in a maximum return of 15%.

Otherwise, investors will lose 1% for each 1% decline of the worst performer beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Uncapped dual directional buffered equity notes
Underlying indexes:Russell 2000 index, Dow Jones industrial average, Nasdaq-100 index
Amount:$115,000
Maturity:Feb. 1, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.05 times any gain of worst performer; if the worst performer loses up to 15% of its value, par plus absolute value of its return, resulting in a maximum return of 15%; otherwise, 1% loss for each 1% decline of worst performer beyond buffer
Initial index levels:15,850.47 for Nasdaq, 35,819.56 for Dow, 2,297.191 for Russell
Buffer levels:85% of initial levels
Pricing date:Oct. 29, 2021
Settlement date:Nov. 3, 2021
Agent:J.P. Morgan Securities LLC
Fees:0.5%
Cusip:48132YDH5

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