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Published on 5/17/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $500,000 capped barrier notes on S&P 500

Chicago, May 17 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% capped barrier notes due June 26, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes above its initial value, the payout at maturity will be par plus the gain, capped at 84%.

If the index finishes flat or declines by up to 40%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline of the index.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped barrier notes
Underlying index:S&P 500 index
Amount:$500,000
Maturity:June 26, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 84%; par if index finishes flat or declines by up to 40%; otherwise, 1% loss for every 1% index decline
Initial value:3,759.89
Barrier level:2,255.934, 60% of initial level
Pricing date:June 22, 2022
Settlement date:June 27, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.7%
Cusip:48133GH71

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