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Published on 6/14/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.8 million capped return enhanced notes linked to S&P 500

New York, June 14 – JPMorgan Chase Financial Co. LLC priced $1.8 million of 0% capped return enhanced notes due July 31, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus 300% of the return of the index, capped at par plus 15.75%.

Otherwise, investors will lose 1% for every 1% that the index declines.

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:Capped return enhanced notes
Underlying index:S&P 500 index
Amount:$1,804,000
Maturity:July 31, 2024
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 300% of index return, capped at par plus 15.75%; otherwise, 1% loss for every 1% that index declines
Initial level:4,205.45
Upside leverage:300%
Cap:15.75%
Pricing date:May 26
Settlement date:June 1
Agent:J.P. Morgan Securities LLC
Fees:2%
Cusip:48133WVN5

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