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Published on 10/14/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.07 million contingent interest notes linked to S&P 500

New York, Oct. 14 – JPMorgan Chase Financial Co. LLC priced $1.07 million of contingent interest notes due Oct. 9, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.5%, paid quarterly, if the underlying index closes at or above its 80% buffer level on the related quarterly observation date.

If the index finishes at or above its buffer level, the payout at maturity will be par plus the contingent coupon. Otherwise, investors will lose 1% for every 1% that the index declines beyond the buffer.

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:Contingent interest notes
Underlying index:S&P 500 index
Amount:$1,065,000
Maturity:Oct. 9, 2025
Coupon:8.5%, paid quarterly, if the underlying index closes at or above its 80% buffer level on the related quarterly observation date
Price:Par
Payout at maturity:If index finishes at or above buffer level, par; 1% loss for every 1% that index declines beyond 20%
Initial level:3,744.52
Buffer:20%
Buffer level:2,995.616, 80% of initial level
Pricing date:Oct. 6
Settlement date:Oct. 12
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133NKE7

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