New Issue: JPMorgan sells $626,000 return notes linked to weighted index basket

By Kiku Steinfeld

Chicago, April 8 – JPMorgan Chase Financial Co. LLC priced $626,000 of 0% return notes due July 12, 2028 linked to an index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket includes the S&P 500 index, the Nasdaq-100 index and the MSCI EAFE index.

The closing level of the basket will be equal to 70% of the best performing index, 30% of the second-best performer and 0% of the worst performer.

The payout at maturity will be par plus the return of the basket, with exposure to losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Return notes
Underlying basket:	S&P 500 index, Nasdaq-100 index and MSCI EAFE index; best performer will have 70% weight, second-best will have 30% weight
Amount:	$626,000
Maturity:	July 12, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the basket return, with exposure to losses
Initial levels:	4,398.95 for S&P, 15,036.85 for Nasdaq, 2,087.72 for EAFE
Pricing date:	July 7, 2023
Settlement date:	July 12, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133X6D3

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