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Published on 1/11/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.09 million uncapped dual directional buffered return enhanced notes

New York, Jan. 11 – JPMorgan Chase Financial Co. LLC priced $1.09 million of 0% uncapped dual directional buffered return enhanced notes due Oct. 2, 2026 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.

If the worst performing index gains, the payout will be par plus 127.25% of the worst performing index return.

The payout will be par plus the absolute value of the worst performing index return if the worst performing index declines by no more than 20%.

Investors will lose 1% for every 1% that the worst performing index declines 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:Uncapped dual directional buffered return enhanced notes
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$1.09 million
Maturity:Oct. 2, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 127.25% of worst performing index return; par plus absolute value of worst performing index return if worst performing index declines by no more than 20%; otherwise, 1% loss for every 1% that worst performing index declines beyond 20%
Initial levels:14,715.24 for Nasdaq-100, 1,785.102 for Russell 2000, 4,288.05 for S&P 500
Buffer:20%
Pricing date:Sept. 29, 2023
Settlement date:Oct. 4, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.45%
Cusip:48134AF26

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