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Published on 6/17/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $500,000 autocallable contingent interest notes tied to salesforce

Chicago, June 17 – JPMorgan Chase Financial Co. LLC priced $500,000 of autocallable contingent interest notes due Dec. 23, 2022 linked to the common stock of salesforce.com, inc., according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 12.35%, payable quarterly, if the stock closes above its 75% interest barrier on any corresponding review date. Previously unpaid coupons will also be paid.

The securities will be called automatically at par starting March 22, 2022 and on any subsequent quarterly review date if the stock finishes above its initial level.

At maturity the payout will be par if the stock finishes above its 75% trigger level. Otherwise, investors will be fully exposed to the decline of the stock.

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:Autocallable contingent interest notes
Underlying stock:salesforce.com, inc. (Ticker: CRM)
Amount:$500,000
Maturity:Dec. 23, 2022
Coupon:12.35% annual rate, payable quarterly if stock closes above interest barrier on corresponding observation date; previously unpaid coupons will also be paid
Price:Par
Payout at maturity:Par if stock closes above trigger level, otherwise investors will be fully exposed to the decline in the stock
Call:Automatically at par starting March 22, 2022 and on any subsequent quarterly review date if stock closes above initial level
Initial level:$268.5439
Interest barrier level:$201.407925, 75% of initial level
Trigger level:$201.407925, 75% of initial level
Pricing date:Dec. 8, 2021
Settlement date:Dec. 13, 2021
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48132YX91

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