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Published on 3/23/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.04 million capped dual directional buffered equity notes linked to S&P

New York, March 23 – JPMorgan Chase Financial Co. LLC priced $1.04 million of 0% capped dual directional buffered equity notes due April 22, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout will be par plus the index return, capped at par plus 9.25%.

The payout will be par plus the absolute value of the index return if the index declines by no more than 15%.

Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

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:Capped dual directional buffered equity notes
Underlying index:S&P 500 index
Amount:$1,036,000
Maturity:April 22, 2024
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus index return, capped at par plus 9.25%; par plus absolute value of index return if index declines by no more than 15%; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial level:3,916.64
Cap:9.25%
Buffer:15%
Pricing date:March 17
Settlement date:March 22
Agent:J.P. Morgan Securities LLC
Fees:2.225%
Cusip:48133VBG4

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