New Issue: JPMorgan prices $435,000 9% yield notes linked to Nasdaq, Russell, S&P

By Kiku Steinfeld

Chicago, March 9 – JPMorgan Chase Financial Co. LLC priced $435,000 of yield notes due Nov. 29, 2023 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.

Investors will receive a coupon of 9%, paid monthly.

If the worst performing index gains or ends above its 63% trigger, the payout at maturity will be par plus the coupon. Investors will lose 1% for every 1% decline in the worst performing index if it finishes below its trigger.

The notes are non-callable.

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:	Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:	$435,000
Maturity:	Nov. 29, 2023
Coupon:	9%, paid monthly
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its 63% trigger, par; otherwise 1% loss for every 1% that worst performing index declines
Initial levels:	11,838.72 for Nasdaq, 1,863.517 for Russell, 4,027.26 for S&P
Triggers:	7,458.3936 for Nasdaq, 1,174.01571 for Russell, 2,537.1738 for S&P, 63% of initial level
Call:	Non-callable
Pricing date:	Nov. 23, 2022
Settlement date:	Nov. 29, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48133P3R2

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