New Issue: JPMorgan prices $1 million buffered enhanced return notes linked to S&P

By Kiku Steinfeld

Chicago, July 5 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% contingent buffered return enhanced notes due June 6, 2024 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 1.275 times the index return. If the index declines by 55% or less, the payout will be par. Otherwise, investors will be fully exposed to the decline of the index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered return enhanced notes
Underlying index:	S&P 500
Amount:	$1,000,000
Maturity:	June 6, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.275 times index return; if index declines by 55% or less, par; beyond that 1% loss for every 1% decline from initial level
Initial level:	2,826.15
Final index level:	Average of index’s closing levels on five trading days ending June 3, 2024
Pricing date:	June 5
Settlement date:	June 10
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48132CUP6

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