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Published on 4/3/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.07 million 9.4% yield notes linked to Nasdaq, Russell, S&P

New York, April 3 – JPMorgan Chase Financial Co. LLC priced $1.07 million of yield notes due March 28, 2024 linked to the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 9.4%, paid monthly.

If the worst performing index finishes at or above its 70% trigger, the payout at maturity will be par plus the coupon.

Otherwise, investors will lose 1% for every 1% decline of the worst performing index 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:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$1,072,000
Maturity:March 28, 2024
Coupon:9.4%, paid monthly
Price:Par
Payout at maturity:If worst performing index finishes at or above its 70% trigger, par; otherwise, 1% loss for every 1% that worst performing index declines from initial level
Initial levels:12,767.05 for Nasdaq-100, 1,734.923 for Russell 2000, 3,970.99 for S&P 500
Triggers:8,936.935 for Nasdaq-100, 1,214.4461 for Russell 2000, 2,779.693 for S&P 500, 70% of initial level
Pricing date:March 24
Settlement date:March 29
Agent:J.P. Morgan Securities LLC
Fees:0.36749%
Cusip:48133VDP2

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