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Published on 3/3/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $590,000 digital barrier notes linked to Russell, S&P

Chicago, March 3 – JPMorgan Chase Financial Co. LLC priced $590,000 of 0% digital barrier notes due Feb. 15, 2024 linked to the lesser performing of the 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 60% barrier the payout at maturity will be par plus 11.2%. 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:Russell 2000 index and S&P 500 index
Amount:$590,000
Maturity:Feb. 15, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 60% barrier, par plus 11.2%; 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:1,739.382 for Russell, 3,930.08 for S&P
Barriers:1,043.6292 for Russell, 2,358.048 for S&P, 60% of initial levels
Digital payment:11.2%
Pricing date:May 12, 2022
Settlement date:May 17, 2022
Agent:J.P. Morgan Securities LLC
Fees:2.125%
Cusip:48133FX75

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