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Published on 8/23/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $500,000 capped dual directional accelerated barrier notes on S&P

Chicago, Aug. 23 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% capped dual directional accelerated barrier notes due Aug. 15, 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 150% of the return of the index, capped at par plus 17.25%.

The payout will be par plus the absolute value of the index return if the index declines but finishes at or above the 65% barrier.

Investors will lose 1% for every 1% that the index declines if it ends below the barrier.

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 dual directional accelerated barrier notes
Underlying index:S&P 500 index
Amount:$500,000
Maturity:Aug. 15, 2024
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 150% of index return, capped at par plus 17.25%; par plus absolute value of index return if index declines but finishes above 65% barrier level; 1% loss for every 1% that index declines if it finishes below barrier
Initial level:4,207.27
Barrier:2,734.7255, 65% of initial level
Upside leverage:150%
Cap:17.25%
Strike date:Aug. 11, 2022
Pricing date:Aug. 11, 2022
Settlement date:Aug. 17, 2022
Agent:J.P. Morgan Securities LLC
Fees:1.5%
Cusip:48133MHJ2

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