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Published on 2/10/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.05 million PLUS linked to Russell 2000

New York, Feb. 10 – JPMorgan Chase Financial Co. LLC priced $1.05 million of 0% PLUS due April 3, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum return of par plus 24.8%.

Investors will be fully exposed to any index decline.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management will act as distributor.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:PLUS
Underlying index:Russell 2000 index
Amount:$1,049,820
Maturity:April 3, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to a maximum return of par plus 24.8%; otherwise, full exposure to loss
Initial level:1,766.250
Upside leverage:300%
Cap:24.8%
Pricing date:Dec. 29
Settlement date:Jan. 5
Agent:J.P. Morgan Securities LLC
Distributor:Morgan Stanley Wealth Management
Fees:2.25% including a structuring fee of 0.5%
Cusip:48133K401

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