New Issue: JPMorgan prices $1 million 0% buffered digital notes linked to Nasdaq, Russell

By Kiku Steinfeld

Chicago, Aug. 11 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% buffered digital notes due March 28, 2024 linked to the Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or declines but by no more than its 30% buffer, the payout at maturity will be par plus 8.05%. Investors will lose 1% for every 1% the worst performing index declines beyond its buffer.

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:	Buffered digital notes
Underlying indexes:	Nasdaq-100 index and Russell 2000 index
Amount:	$1 million
Maturity:	March 28, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains or declines but by no more than 30% buffer, par plus 8.05%; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:	11,969.65 for Nasdaq, 1,890.485 for Russell
Buffer:	30%
Call:	Non-callable
Pricing date:	Feb. 24, 2023
Settlement date:	March 1, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.4%
Cusip:	48133UHW5

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