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Published on 6/13/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.6 million Dual Directional Trigger PLUS linked to S&P 500

New York, June 13 – JPMorgan Chase Financial Co. LLC priced $3.6 million of 0% Dual Directional Trigger PLUS due June 5, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum return of par plus 37%.

Investors will receive a 1% gain for each 1% loss if the index declines but finishes at or above the 80% principal barrier. Otherwise, investors will lose 1% for every 1% decline of the index 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:Dual Directional Trigger PLUS
Underlying index:S&P 500 index
Amount:$3,595,000
Maturity:June 5, 2025
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return, subject to a maximum return of par plus 37%; 1% gain for each 1% loss if index declines but ends at or above principal barrier; otherwise, full exposure to index decline from initial level
Initial level:4,132.15
Principal barrier:3,305.72, 80% of initial level
Upside leverage:200%
Cap:37%
Pricing date:May 31
Settlement date:June 3
Agent:J.P. Morgan Securities LLC
Fees:3% including a structuring fee of 0.5%
Cusip:48133E736

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