New Issue: JPMorgan prices $500,000 digital barrier notes linked to Russell 2000

By Kiku Steinfeld

Chicago, Jan. 16 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% digital barrier notes due May 31, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index ends above its 70% barrier the payout at maturity will be par plus 7.85%. Investors will lose 1% for every 1% that the index declines if it finishes below the barrier.

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:	Digital barrier notes
Underlying index:	Russell 2000 index
Amount:	$500,000
Maturity:	May 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above its 70% barrier, par plus 7.85%; 1% loss for every 1% that index declines if it finishes below its barrier
Initial level:	1,768.987
Digital payment:	7.85%
Barrier:	1,238.2909, 70% of initial level
Pricing date:	April 28, 2023
Settlement date:	May 3, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48133VR77

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