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Published on 1/24/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $202,000 8.25% contingent interest notes linked to Nasdaq, Russell

Chicago, Jan. 24 – JPMorgan Chase Financial Co. LLC priced $202,000 of contingent interest notes due April 25, 2024 linked to the lesser performing of the Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.25%, payable semiannually, if both indexes close above 70% of their initial levels on the related observation date.

If the worst performing index gains or ends above its 70% trigger value the payout at maturity will be par plus the contingent coupon. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below its trigger value.

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:Contingent interest notes
Underlying indexes:Nasdaq-100 index and Russell 2000 index
Amount:$202,000
Maturity:April 25, 2024
Coupon:8.25% annual rate, payable semiannually if both indexes close above their trigger levels on the related observation date
Price:Par
Payout at maturity:If worst performing index finishes at or above its 70% trigger value, par; 1% loss for every 1% that worst performing index declines if it finishes below its trigger value
Initial levels:13,356.87 for Nasdaq, 1,940.665 for Russell
Trigger values:9,349.809 for Nasdaq, 1,358.4655 for Russell, 70% of initial levels
Pricing date:April 22, 2022
Settlement date:April 27, 2022
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133DW97

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