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Published on 4/22/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $500,000 digital barrier notes linked to Russell, Nasdaq, S&P

By Kiku Steinfeld

Chicago, April 22 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% digital barrier notes due March 31, 2023 linked to the least performing of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing index finishes at or above its 70% of its initial level, the payout at maturity will be par plus 10.25%.

Otherwise, investors will be fully exposed to the decline of the least performing index from its initial level.

The notes are guaranteed by JPMorgan Chase & Co.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Digital barrier notes
Underlying indexes:S&P 500, Nasdaq-100 index and Russell 2000
Amount:$500,000
Maturity:March 31, 2023
Coupon:0%
Price:Par
Payout at maturity:If the lesser performing index finishes at or above its 70% of its initial level, par plus 10.25%; otherwise, full exposure to the decline of the worst performing index from its initial level
Initial levels:15,204.83 for Nasdaq, 4,443.11 for S&P, 2,281.003 for Russell
Barrier levels:10,643.381 for Nasdaq, 3,110.177 for S&P, 1,596.7021 for Russell; 70% of initial levels
Pricing date:Sept. 27, 2021
Settlement date:Sept. 30, 2021
Agent:J.P. Morgan Securities LLC
Fees:0.6%
Cusip:48132WZJ1

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