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Published on 1/23/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2.17 million digital barrier notes linked to Russell, S&P

New York, Jan. 23 – JPMorgan Chase Financial Co. LLC priced $2.17 million of 0% digital barrier notes due Feb. 18, 2025 linked to 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 ends at or above its 75% barrier, the payout at maturity will be par plus 10.05%.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines from initial level.

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 indexes:Russell 2000 index and S&P 500 index
Amount:$2.17 million
Maturity:Feb. 18, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 75% barrier, par plus 10.05%; otherwise, 1% loss for every 1% that worst performing index declines from initial level
Initial levels:1,950.964 for Russell 2000, 4,783.83 for S&P 500
Digital payment:10.05%
Barriers:1,463.223 for Russell 2000, 3,587.8725 for S&P 500, 75% of initial levels
Pricing date:Jan. 12
Settlement date:Jan. 18
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48134TEY6

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