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Published on 5/16/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.05 million capped accelerated barrier notes linked to Stoxx

By Kiku Steinfeld

Chicago, May 16 – JPMorgan Chase Financial Co. LLC priced $1.05 million of 0% capped accelerated barrier notes due Oct. 5, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus 300% of the return of the index capped at par plus 12%. The payout will be par if the index declines but finishes above its 70% barrier. Investors will lose 1% for every 1% that the index declines if it closes below its barrier.

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:Capped accelerated barrier notes
Underlying index:Euro Stoxx 50 index
Amount:$1.05 million
Maturity:Oct. 5, 2027
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 300% of index return capped at par plus 12%; par if index declines but finishes above its downside barrier; 1% loss for every 1% that index declines if it finishes below its downside barrier
Initial level:4,048.08
Barrier:2,833.656, 70% of initial level
Upside leverage:300%
Cap:12%
Pricing date:Sept. 30, 2021
Settlement date:Oct. 5, 2021
Agent:J.P. Morgan Securities LLC
Fees:3.25%
Cusip:48132WYV5

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