New Issue: JPMorgan prices $1.09 million notes linked to S&P 500

By Kiku Steinfeld

Chicago, Oct. 27 – JPMorgan Chase Financial Co. LLC priced $1.09 million of 0% notes due Oct. 5, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 111% of the index return.

Otherwise, investors will receive par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying index:	S&P 500 index
Amount:	$1.09 million
Maturity:	Oct. 5, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 111% of index return; otherwise, par
Initial level:	4,109.31
Final level:	Average of index closing levels on each semiannual averaging date starting in October 2023
Pricing date:	March 31, 2023
Settlement date:	April 5, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.54587%
Cusip:	48133UQX3

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