New Issue: JPMorgan sells $4,000 return notes linked to basket of indexes

By Kiku Steinfeld

Chicago, March 20 – JPMorgan Chase Financial Co. LLC priced $4,000 of 0% return notes due Dec. 3, 2027 linked to an index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket includes the S&P 500 index, the Stoxx Europe 600 index and the MSCI Emerging Markets index.

The closing level of the basket will be equal to 85% of the best performing index, 15% of the second-best performer and 0% of the worst performer.

The payout at maturity will be par plus the return of the basket, with exposure to losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Return notes
Underlying basket:	S&P 500 index, Stoxx Europe 600 index and MSCI Emerging Markets index; best performer will have 85% weight, second-best will have 15% weight
Amount:	$4,000
Maturity:	Dec. 3, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the basket return, with exposure to losses
Initial levels:	4,080.11 for S&P, 440.04 for Stoxx, 972.29 for Emerging Markets
Pricing date:	Nov. 30, 2022
Settlement date:	Dec. 5, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48133PKJ1

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