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Published on 9/8/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $8.14 million leveraged upside participation market-linked notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Sept. 8 – JPMorgan Chase Financial Co. LLC priced $8.14 million of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due Sept. 5, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 200% of the gain in the index up to $1,262.50 per security.

If the index falls by up to 15%, the payout will be par.

Investors will lose 1% for every 1% decline of the index beyond the 15% buffer.

Wells Fargo Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:Euro Stoxx 50 index
Amount:$8,141,000
Maturity:Sept. 5, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of the gain in the index, up to $1,262.50 per security; if index falls by up to 15%, par; otherwise, 1% loss for every 1% decline of index beyond 15% buffer
Initial share price:4,315.31
Buffer level:3,668.0135, 85% of initial level
Pricing date:Aug. 30
Settlement date:Sept. 5
Agent:Wells Fargo Securities LLC
Fees:2.575%
Cusip:48133YVM3

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