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Published on 12/15/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $250,000 uncapped return enhanced notes on S&P 500

By Kiku Steinfeld

Chicago, Dec. 15 – JPMorgan Chase Financial Co. LLC priced $250,000 of 0% uncapped return enhanced notes due April 24, 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 index return is positive, the payout at maturity will be par plus 1.01 times the index return. If the index return is negative, investors will lose 0.5% for each 1% decline of the index.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Uncapped return enhanced notes
Underlying index:S&P 500
Amount:$250,000
Maturity:April 24, 2026
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 1.01 times index return; otherwise, 0.5% loss for each 1% decline of the index
Initial index level:4,133.52
Pricing date:April 21, 2023
Settlement date:April 26, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.75%
Cusip:48133VQ52

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