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Published on 3/22/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $916,000 uncapped accelerated barrier notes linked to Nasdaq, Russell, S&P

By Kiku Steinfeld

Chicago, March 22 – JPMorgan Chase Financial Co. LLC priced $916,000 of 0% uncapped accelerated barrier notes due Dec. 4, 2025 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.

If the worst performing index gains, the payout at maturity will be par plus 150% of the return of the worst performing index. The payout will be par if the worst performing index declines but finishes above its 70% barrier. Investors will lose 1% for every 1% that the worst performing index declines if it closes below its 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:Uncapped accelerated barrier notes
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$916,000
Maturity:Dec. 4, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 150% of worst performing index return; par if worst performing index declines but finishes above its downside barrier; 1% loss for every 1% that worst performing index declines if it finishes below its downside barrier
Initial levels:12,030.06 for Nasdaq, 1,886.577 for Russell, 4,080.11 for S&P
Upside leverage:150%
Cap:None
Barriers:8,421.042 for Nasdaq 1,320.6039 for Russell, 2,856.077 for S&P, 70% of initial level
Pricing date:Nov. 30, 2022
Settlement date:Dec. 5, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.5881%
Cusip:48133PJX2

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