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Published on 6/17/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.13 million autocallable contingent interest notes on ETF, indexes

Chicago, June 17 – JPMorgan Chase Financial Co. LLC priced $1.13 million of autocallable contingent interest notes due Sept. 12, 2022 linked to the least performing of the Nasdaq-100 index, S&P 500 index and iShares Russell 2000 ETF, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon at an annual 8.55% rate, paid monthly, if each underlier closes at or above its 70% trigger level on the related monthly observation date.

The securities will be called automatically starting March 7, 2022 if the level of each underlier is greater than or equal to its initial price and on any subsequent monthly review date.

At maturity the payout will be par if no asset ever closes below the 70% trigger level during the life of the notes or the worst performing asset ends above its initial level. Otherwise, investors will be fully exposed to the decline of the worst performing asset.

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:Autocallable contingent interest notes
Underlying assets:Nasdaq-100 index, S&P 500 index and iShares Russell 2000 ETF
Amount:$1,131,000
Maturity:Sept. 12, 2022
Coupon:8.55% annual rate, paid monthly, if each underlier closes at or above its 70% trigger level on the related monthly observation date
Price:Par
Payout at maturity:Par if no assets ever close below the trigger level during the life of the notes or the worst performing asset ends above its initial level, otherwise investors will be fully exposed to the decline in the worst performing asset
Call:Automatically starting March 7, 2022 if the level of each underlier is greater than or equal to its initial price and on any subsequent monthly review date
Initial levels:16,325.66 for Nasdaq, 4,686.75 for S&P, $224.10 for ETF
Trigger levels:11,427.962 for Nasdaq, 3,280.725 for S&P, $156.87 for ETF, 70% of initial levels
Pricing date:Dec. 7, 2021
Settlement date:Dec. 10, 2021
Agent:J.P. Morgan Securities LLC
Fees:1.6%
Cusip:48132YN76

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