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Published on 2/6/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $350,000 digital barrier notes linked to Nasdaq, Russell, S&P

Chicago, Feb. 6 – JPMorgan Chase Financial Co. LLC priced $350,000 of 0% digital barrier notes due May 24, 2024 linked to the least performing of the Nasdaq-100 index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index ends above its 70% barrier the payout at maturity will be par plus 8.25%. Investors will lose 1% for every 1% that the worst performing 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 indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$350,000
Maturity:May 24, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 70% barrier, par plus 8.25%; 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:13,426.01 for Nasdaq, 1,736.182 for Russell, 4,109.90 for S&P
Barrier levels:9,398.207 for Nasdaq, 1,215.3274 for Russell, 2,876.93 for S&P, 70% of initial levels
Digital payment:8.25%
Pricing date:May 16, 2023
Settlement date:May 19, 2023
Agent:J.P. Morgan Securities LLC
Fees:2.1%
Cusip:48133WPZ5

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