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Published on 8/29/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $548,000 7% yield notes linked to S&P 500

New York, Aug. 29 – JPMorgan Chase Financial Co. LLC priced $548,000 of yield notes due Aug. 28, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 7%, paid quarterly.

If the index finishes at or above its 70% trigger, the payout at maturity will be par plus the coupon. Otherwise, investors will lose 1% for every 1% decline in 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:Yield notes
Underlying index:S&P 500 index
Amount:$548,000
Maturity:Aug. 28, 2024
Coupon:7%, paid quarterly
Price:Par
Payout at maturity:If index finishes at or above its 70% trigger, par; otherwise, 1% loss for every 1% that index declines
Initial level:4,128.73
Trigger:2,890.111, 70% of initial level
Pricing date:Aug. 23
Settlement date:Aug. 26
Agent:J.P. Morgan Securities LLC
Fees:0.45%
Cusip:48133MMJ6

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