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Published on 10/12/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.62 million digital barrier notes on Nasdaq, Russell, S&P

New York, Oct. 12 – JPMorgan Chase Financial Co. LLC priced $1.62 million of 0% digital barrier notes due Jan. 9, 2025 linked to the Nasdaq-100 index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index ends above its 65% barrier the payout at maturity will be par plus 12.5%. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the 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:Digital barrier notes
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$1,617,000
Maturity:Jan. 9, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 65% barrier, par plus 12.5%; 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:14,973.24 for Nasdaq-100, 1,745.558 for Russell 2000, 4,308.50 for S&P 500
Digital payment:12.5%
Barriers:9,732.606 for Nasdaq-100, 1,134.6127 for Russell 2000, 2,800.525 for S&P, 65% of initial level
Pricing date:Oct. 6
Settlement date:Oct. 12
Agent:J.P. Morgan Securities LLC
Fees:0.75%
Cusip:48134BQM8

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