New Issue: JPMorgan prices $553,000 8.35% contingent interest notes linked to Russell, S&P

By Kiku Steinfeld

Chicago, Sept. 14 – JPMorgan Chase Financial Co. LLC priced $553,000 of contingent interest notes due March 6, 2026 linked to the 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 8.35%, paid monthly, if each underlying index closes at or above its 70% trigger level on the related monthly observation date.

If the worst performing index gains or ends above its 70% trigger value the payout at maturity will be par plus the contingent coupon. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below its trigger value.

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:	Contingent interest notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$553,000
Maturity:	March 6, 2026
Coupon:	8.35%, paid monthly, if each underlying index closes at or above its 70% trigger level on the related monthly observation date
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its 70% trigger value, par; 1% loss for every 1% that worst performing index declines if it finishes below its trigger value
Initial levels:	1,928.263 for Russell, 4,045.64 for S&P
Trigger values:	1,349.7841 for Russell, 2,831.948 for S&P, 70% of initial level
Pricing date:	March 3, 2023
Settlement date:	March 8, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.45%
Cusip:	48133UU83

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