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Published on 10/16/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $775,000 contingent digital buffered notes linked to S&P

Chicago, Oct. 16 – JPMorgan Chase Financial Co. LLC priced $775,000 of 0% contingent digital buffered notes due Oct. 25, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains or falls by no more than its 20% buffer the payout at maturity will be par plus 10.3%. The payout will be par less 125% of the index decline beyond the buffer.

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:Contingent digital buffered notes
Underlying index:S&P 500 index
Amount:$775,000
Maturity:Oct. 25, 2023
Coupon:0%
Price:Par
Payout at maturity:If index gains or declines but by no more than 20% buffer, par plus 10.3%; 125% of index decline beyond the buffer
Initial level:3,639.66
Buffer level:80% of initial level
Digital payment:10.3%
Buffer:20%
Downside leverage:125%
Pricing date:Oct. 10, 2022
Settlement date:Oct. 13, 2022
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48133N4S4

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