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Published on 4/12/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $7.83 million 9% yield notes linked to Nasdaq, Russell

New York, April 12 – JPMorgan Chase Financial Co. LLC priced $7.83 million of yield notes due May 9, 2024 linked to 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 9%, paid monthly.

If the worst performing index finishes at or above 80% of its initial level, the payout at maturity will be par plus the coupon.

Otherwise, investors will lose 1.25% for each 1% decline of the worst performing index beyond 20%.

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 and Russell 2000 index
Amount:$7,825,000
Maturity:May 9, 2024
Coupon:9%, paid monthly
Price:Par
Payout at maturity:If worst performing index finishes at or above 80% of its initial level, par; otherwise, lose 1.25% for each 1% decline of the worst performing index beyond 20%
Initial levels:12,967.20 for Nasdaq-100, 1,752.134 for Russell 2000
Buffer:20%
Strike date:April 5
Pricing date:April 6
Settlement date:April 12
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133VZM5

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