New Issue: JPMorgan prices $20,000 autocallable accelerated barrier notes linked to MSCI EM

By Kiku Steinfeld

Chicago, Oct. 13 – JPMorgan Chase Financial Co. LLC priced $20,000 of 0% autocallable accelerated barrier notes due March 27, 2026 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains the payout will be par plus 150% of the index return. Investors will receive par if the index declines but ends at or above its 75% barrier and they will lose 1% for every 1% that the index declines if it finishes below the barrier level.

The notes will be called automatically on March 27, 2024 at a premium of 12.5% if the index closes above 100% of its initial value.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Autocallable accelerated barrier notes
Underlying index:	MSCI Emerging Markets index
Amount:	$20,000
Maturity:	March 27, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above its initial value, par plus 150% of index return; if index declines but finishes at or above its downside threshold level, par; 1% loss for every 1% that index declines if it finishes below its downside threshold level
Initial level:	972.17
Upside leverage:	150%
Downside threshold:	729.1275, 75% of initial level
Call:	Automatically on March 27, 2024 at a premium of 12.5% if the index closes above 100% of its initial value
Pricing date:	March 24, 2023
Settlement date:	March 29, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48133UVT6

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