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Published on 8/21/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $500,000 buffered digital notes on Amazon, Boeing

Chicago, Aug. 21 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% buffered digital notes due Aug. 6. 2024 linked to the least performing of the common stocks of Amazon.com, Inc. and Boeing Co., according to a 424B2 filing with the Securities and Exchange Commission.

If both stocks finish above 60% of their initial levels, the payout at maturity will be par plus a 19.05% digital return.

Otherwise, investors will lose 1% for each 1% decline beyond the 40% 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:Buffered digital notes
Underlying stocks:Amazon.com, Inc. and Boeing Co.
Amount:$500,000
Maturity:Aug. 6, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 19.05% digital return if both stocks finish above 60% of initial levels; otherwise, 1% loss for each 1% decline beyond 40% buffer
Initial levels:$135.39 for Amazon, $169.07 for Boeing
Buffer levels:60% of initial levels
Pricing date:Aug. 2, 2022
Settlement date:Aug. 5, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.4%
Cusip:48133LWJ7

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