New Issue: JPMorgan prices $800,000 capped gears linked to iShares MSCI Emerging Markets ETF

By Angela McDaniels

Tacoma, Wash., June 20 – JPMorgan Chase Financial Co. LLC priced $800,000 of 0% capped gears due Sept. 29, 2023 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than the initial share price, the payout at maturity will be par of $10 plus three times the index return, subject to a maximum return of 22%. If the final share price is less than the initial share price, investors will be exposed to the decline.

The notes are guaranteed by JPMorgan Chase & Co.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped gears
Underlying ETF:	iShares MSCI Emerging Markets ETF
Amount:	$800,000
Maturity:	Sept. 29, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than initial share price, par plus three times index return, subject to maximum return of 22%; otherwise, exposure to ETF’s decline
Initial share price:	$39.25
Pricing date:	July 26, 2022
Settlement date:	July 29, 2022
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48133H705

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