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Published on 12/9/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $685,000 0% buffered digital notes linked to S&P 500

Chicago, Dec. 11 – JPMorgan Chase Financial Co. LLC priced $685,000 of 0% buffered digital notes due Dec. 1, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains the payout at maturity will be par plus 16.85%. If the index declines but by no more than its 10% buffer the payout at maturity will be par. Investors will lose 1% for every 1% the index declines beyond its buffer.

The notes are non-callable.

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:Buffered digital notes
Underlying index:S&P 500 index
Amount:$685,000
Maturity:Dec. 1, 2023
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 16.85%; par if index declines but by no more than 10% buffer; 1% loss for every 1% that index declines beyond the buffer
Initial level:3,901.06
Buffer level:90% of initial level
Buffer:10%
Call:Non-callable
Pricing date:Oct. 28, 2022
Settlement date:Nov. 2, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.39653%
Cusip:48133NX29

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