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Published on 1/28/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $750,000 0% buffered digital notes linked to indexes

By Kiku Steinfeld

Chicago, Jan. 29 – JPMorgan Chase Financial Co. LLC priced $750,000 of 0% buffered digital notes due Dec. 12, 2024 linked to the Dow Jones industrial average, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or declines but by no more than its 30% buffer the payout at maturity will be par plus 10.85%. Investors will lose 1% for every 1% the worst performing index declines 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:Buffered digital notes
Underlying indexes:Dow Jones industrial average, Russell 2000 index and S&P 500 index
Amount:$750,000
Maturity:Dec. 12, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains or declines but by no more than 30% buffer, par plus 10.85%; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:33,833.61 for Dow, 1,880.779 for Russell, 4,293.93 for S&P
Buffer:30%
Call:Non-callable
Pricing date:June 9, 2023
Settlement date:June 14, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.3%
Cusip:48133XSC1

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