New Issue: JPMorgan prices $570,000 contingent digital buffered notes linked to S&P

By Kiku Steinfeld

Chicago, Feb. 23 – JPMorgan Chase Financial Co. LLC priced $570,000 of 0% contingent digital buffered notes due Dec. 6, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains or falls by no more than its 15% buffer, the payout at maturity will be par plus 11.4%. Otherwise, investors will lose 1.17647% for every 1% decline beyond 15%.

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 digital buffered notes
Underlying index:	S&P 500 index
Amount:	$570,000
Maturity:	Dec. 6, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains or declines but by no more than 15% buffer, par plus 11.4%; 1.17647% loss for every 1% decline beyond 15%
Initial level:	3,965.34
Digital payment:	11.4%
Buffer:	15%
Downside leverage:	117.647%
Pricing date:	Nov. 18, 2022
Settlement date:	Nov. 23, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133PUS0

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