New Issue: JPMorgan sells $200,000 uncapped buffered equity notes on S&P 500

By Kiku Steinfeld

Chicago, Jan. 4 – JPMorgan Chase Financial Co. LLC priced $200,000 of 0% uncapped buffered equity notes due April 29, 2025 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 finishes at or above initial level, the payout at maturity will be par plus the index return.

If the index declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped buffered equity notes
Underlying index:	S&P 500
Amount:	$200,000
Maturity:	April 29, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above initial level, par plus the index return; par if index declines by up to 10%; otherwise, lose 1% for every 1% decline below 10%
Initial value:	4,137.04
Buffer value:	90% of initial value
Pricing date:	April 24, 2023
Settlement date:	April 27, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.25%
Cusip:	48133VY46

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