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Published on 6/22/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $890,000 capped notes linked to S&P 500

By Kiku Steinfeld

Chicago, June 22 – JPMorgan Chase Financial Co. LLC priced $890,000 of 0% capped notes due Aug. 5, 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 100% of the return of the index capped at par plus 12.1%. Otherwise the payout will be par.

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 notes
Underlying index:S&P 500 index
Amount:$890,000
Maturity:Aug. 5, 2024
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 100% of index return capped at par plus 12.1%; otherwise par
Initial level:4,076.60
Upside leverage:100%
Cap:12.1%
Principal protection:100%
Pricing date:Jan. 31, 2023
Settlement date:Feb. 3, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.45%
Cusip:48133T6E0

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