New Issue: JPMorgan prices $587,000 uncapped accelerated barrier notes on Stoxx indexes

By Kiku Steinfeld

Chicago, Feb. 27 – JPMorgan Chase Financial Co. LLC priced $587,000 of 0% uncapped accelerated barrier notes due Nov. 24, 2028 linked to the Euro Stoxx 50 index and Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains, the payout at maturity will be par plus 216% of the return of the worst performing index. The payout will be par if the worst performing index declines but finishes above its 70% barrier. Investors will lose 1% for every 1% that the worst performing 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:	Uncapped accelerated barrier notes
Underlying indexes:	Euro Stoxx 50 index and Stoxx Europe 600 index
Amount:	$587,000
Maturity:	Nov. 24, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 216% of worst performing index return; par if worst performing index declines but finishes above its downside barrier; 1% loss for every 1% that worst performing index declines if it finishes below its downside barrier
Initial levels:	3,924.84 for Euro Stoxx 50, 433.33 for Stoxx Europe
Upside leverage:	216%
Cap:	None
Barriers:	2,747.388 for Euro Stoxx, 303.331 for Stoxx Europe, 70% of initial level
Pricing date:	Nov. 18, 2022
Settlement date:	Nov. 23, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	3.25%
Cusip:	48133PFR9

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