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Published on 11/13/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $5.68 million capped digital notes linked to S&P, Russell

By William Gullotti

Buffalo, N.Y., Nov. 13 – JPMorgan Chase Financial Co. LLC priced $5.68 million of 0% capped digital notes due Feb. 6, 2025 linked to the performance of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index finishes at or above its initial level, the payout at maturity will be par plus 10.8%.

Otherwise, investors will receive par.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped digital notes
Underlying indexes:S&P 500 index, Russell 200 index
Amount:$5,683,000
Maturity:Feb. 6, 2025
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above its initial level, par plus 10.8%; otherwise, par
Initial levels:4,358.34 for S&P, 1,760.705 for Russell
Pricing date:Nov. 3
Settlement date:Nov. 8
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:48134BS95

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