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Published on 5/23/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1 million 5.90004% yield notes linked to S&P, Russell

New York, May 23 – JPMorgan Chase Financial Co. LLC priced $1 million of 5.90004% yield notes due Feb. 23, 2023 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon is paid monthly, the equivalent of 4.425% for the term.

If the worst performing index finishes at or above its 55% trigger level, the payout at maturity will be par plus the coupon. Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

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:Yield notes
Underlying indexes:S&P 500 index and Russell 2000 index
Amount:$1 million
Maturity:Feb. 23, 2023
Coupon:5.90004%, or 4.425% over the term, paid monthly
Price:Par
Payout at maturity:If worst performing index finishes at or above its trigger level, par; otherwise, full exposure to decline of worst performer from its initial level
Initial levels:1,840.298 for Russell, 4,088.85 for S&P
Trigger levels:1,012.1639 for Russell, 2,248.8675 for S&P; 55% of initial levels
Strike date:May 17
Pricing date:May 18
Settlement date:May 23
Agent:J.P. Morgan Securities LLC
Fees:0.2%
Cusip:48133GHN6

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