New Issue: JPMorgan prices $150,000 7.6% yield notes linked to Dow, Nasdaq, S&P

By Kiku Steinfeld

Chicago, Feb. 28 – JPMorgan Chase Financial Co. LLC priced $150,000 of yield notes due Nov. 21, 2025 linked to the Dow Jones industrial average, Nasdaq-100 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 7.6%, paid monthly.

If the worst performing index gains or ends above its 60% trigger, the payout at maturity will be par plus the coupon. Investors will lose 1% for every 1% decline in the worst performing index if it finishes below its trigger.

The notes are non-callable.

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 indexes:	Dow Jones industrial average, Nasdaq-100 index and S&P 500 index
Amount:	$150,000
Maturity:	Nov. 21, 2025
Coupon:	7.6%, paid monthly
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its 60% trigger, par; otherwise 1% loss for every 1% that worst performing index declines
Initial levels:	33,745.69 for Dow, 11,677.02 for Nasdaq, 3,965.34 for S&P
Triggers:	20,247.414 for Dow, 7,006.212 for Nasdaq, 2,379.204 for S&P, 60% of initial level
Call:	Non-callable
Pricing date:	Nov. 18, 2022
Settlement date:	Nov. 23, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48133PTE3

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