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Published on 11/6/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.65 million capped notes linked to two S&P indexes

New York, Nov. 6 – JPMorgan Chase Financial Co. LLC priced $3.65 million of 0% capped notes due Nov. 4, 2026 linked to the S&P 500 Equal Weight index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains, the payout at maturity will be par plus 135% of the return of that index, capped at par plus 36%.

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 indexes:S&P 500 Equal Weight index and S&P 500 index
Amount:$3.65 million
Maturity:Nov. 4, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 135% of that index’s return, capped at par plus 36%; otherwise, par
Initial levels:5,467.52 for S&P 500 Equal Weight, 4,166.82 for S&P 500
Upside leverage:135%
Cap:36%
Pricing date:Oct. 30
Settlement date:Nov. 2
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48134BF81

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