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Published on 12/8/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $90,000 uncapped buffered return enhanced notes on Stoxx, EAFE ETF

By Kiku Steinfeld

Chicago, Dec. 8 – JPMorgan Chase Financial Co. LLC priced $90,000 of 0% uncapped buffered return enhanced notes due April 3, 2025 linked to the Euro Stoxx 50 index and iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset gains, the payout at maturity will be par plus 190% of the return of the worst performing asset. The payout will be par if the worst performing asset declines but by no more than the 10% buffer. Investors will lose 1% for every 1% that the worst performing asset declines beyond the buffer.

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:Uncapped buffered return enhanced notes
Underlying assets:Euro Stoxx 50 index and iShares MSCI EAFE ETF
Amount:$90,000
Maturity:April 3, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset gains, par plus 190% of worst performing asset return; par if worst performing asset declines but by no more than 10% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
Initial levels:3,902.52 for Euro Stoxx, $73.60 for iShares
Upside leverage:190%
Cap:None
Buffer:10%
Pricing date:March 31
Settlement date:April 5
Agent:J.P. Morgan Securities LLC
Fees:0.5%
Cusip:48133DNW6

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