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Published on 2/7/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1 million digital equity notes linked to Nasdaq-100

Chicago, Feb. 7 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% digital equity notes due June 1, 2023 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is greater than or equal to negative 20%, the payout at maturity will be the threshold settlement amount, $1,087.40 per $1,000 of notes.

Otherwise, investors will lose 1.25% for every 1% index decline beyond 20%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Digital equity notes
Underlying index:Nasdaq-100 index
Amount:$1,000,000
Maturity:June 1, 2023
Coupon:0%
Price:Par
Payout at maturity:If the index return is greater than or equal to negative 20%, the payout at maturity will be the threshold settlement amount, $1,087.40 per $1,000 of notes; otherwise, investors will lose 1.25% for every 1% index decline beyond 20%
Initial level:13,003.36
Threshold level:80% of initial level
Strike date:April 27, 2022
Pricing date:April 29, 2022
Settlement date:May 6, 2022
Agent:J.P. Morgan Securities LLC
Fees:1.09%
Cusip:48133FYT6

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