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Published on 3/23/2021 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.75 million capped accelerated barrier notes on Russell, S&P

Chicago, March 23 – JPMorgan Chase Financial Co. LLC priced $1.75 million of 0% capped accelerated barrier notes due Feb. 2, 2023 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index finishes at or above its initial level, the payout at maturity will be par plus two times the return of the worst performing index, up to par plus 22.5%.

If any index falls but each index finishes at or above its barrier level, 70% of its initial level, the payout will be par.

If any index finishes below its barrier level, investors will be fully exposed to the decline of the least performing index.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped accelerated barrier notes
Underlying indexes:S&P 500, Russell 2000
Amount:$1,749,000
Maturity:Feb. 2, 2023
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above its initial level, par plus two times the return of the worst performing index, up to par plus 22.5%; if any index falls but each index finishes at or above its barrier level, par; otherwise, investors will be fully exposed to the decline of the worst performing index
Initial index levels:2,073.641 for Russell, 3,714.24 for S&P
Barrier levels:1,451.5487 for Russell, 2,599.968 for S&P; 70% of initial levels
Pricing date:Jan. 29
Settlement date:Feb. 3
Agent:J.P. Morgan Securities LLC
Fees:0.37722%
Cusip:48132RBZ2

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