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Published on 10/16/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $304,000 7.05% yield notes linked to Nasdaq, Russell, S&P ETF

Chicago, Oct. 16 – JPMorgan Chase Financial Co. LLC priced $304,000 of yield notes due July 10, 2024 linked to the least performing of the Nasdaq-100 index, Russell 2000 index and the SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 7.05%, paid monthly.

If the worst performing asset gains or ends above its 30% buffer the payout at maturity will be par plus the coupon. Investors will lose 1% for each 1% decline in the worst performing asset 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:Yield notes
Underlying assets:Nasdaq-100 index, Russell 2000 index and SPDR S&P 500 ETF Trust
Amount:$304,000
Maturity:July 10, 2024
Coupon:7.05% annual rate, paid monthly
Price:Par
Payout at maturity:If worst performing asset finishes at or above its 30% buffer, par; otherwise, 1% loss for every 1% that worst performing asset declines beyond its buffer
Initial levels:11,582.54 for Nasdaq, 1,775.766 for Russell, $377.97 for S&P ETF
Buffer levels:70% of initial levels
Buffer:30%
Call:Non-callable
Pricing date:Oct. 6, 2022
Settlement date:Oct. 12, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.3747%
Cusip:48133NYD4

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