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Published on 5/11/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $500,000 uncapped buffered return enhanced notes on Facebook, ETF

Chicago, May 11 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% uncapped buffered return enhanced notes due Oct. 3, 2024 linked to the Class A common stock of Facebook, Inc. and SPDR S&P 500 ETF Trust, 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 250% 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 15% buffer. Investors will lose 1.17647% 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:Class A common stock of Facebook, Inc., par value $0.000006 per share and SPDR S&P 500 ETF Trust
Amount:$500,000
Maturity:Oct. 3, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset gains par plus 250% of worst performing asset return; par if worst performing asset declines but by no more than 15% buffer; 1.17647% loss for every 1% that worst performing asset declines beyond the buffer
Initial level:$433.72
Upside leverage:250%
Cap:None
Buffer level:85% of initial level
Pricing date:Oct. 1, 2021
Settlement date:Oct. 6, 2021
Agent:J.P. Morgan Securities LLC
Fees:0.75%
Cusip:48132W5S4

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