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Published on 10/2/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $829,000 digital barrier notes linked to S&P 500

Chicago, Oct. 2 – JPMorgan Chase Financial Co. LLC priced $829,000 of 0% digital barrier notes due June 28, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index ends above its 62% barrier the payout at maturity will be par plus 5.35%. Investors will lose 1% for every 1% that the index declines if it finishes 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:Digital barrier notes
Underlying index:S&P 500 index
Amount:$829,000
Maturity:June 28, 2023
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above its 62% barrier, par plus 5.35%; 1% loss for every 1% that index declines if it finishes below its barrier
Initial level:3,693.23
Barrier:2,289.8026, 62% of initial level
Digital payment:5.35%
Strike date:Sept. 23, 2022
Pricing date:Sept. 27, 2022
Settlement date:Sept. 30, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.6%
Cusip:48133NLB2

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