New Issue: JPMorgan prices $324,000 capped notes linked to Stoxx, EAFE ETF

By Kiku Steinfeld

Chicago, Feb. 29 – JPMorgan Chase Financial Co. LLC priced $324,000 of 0% capped notes due April 1, 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 100% of the return of the worst performing asset capped at par plus 24%. Investors will lose 1% for every 1% that the worst performing asset declines subject to a minimum payout of 95% of par.

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 notes
Underlying assets:	Euro Stoxx 50 index and iShares MSCI EAFE ETF
Amount:	$324,000
Maturity:	April 1, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing asset gains par plus 100% of worst performing asset return capped at par plus 24%; 1% loss for every 1% that worst performing asset declines subject to a minimum payout of 95% of par
Initial levels:	4,305.26 for Euro Stoxx 50, $71.67 for iShares MSCI EAFE ETF
Upside leverage:	100%
Cap:	24%
Principal protection:	95%
Pricing date:	June 27, 2023
Settlement date:	June 30, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	1.83565%
Cusip:	48133XJF4

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