New Issue: JPMorgan prices $802,000 capped buffered equity notes linked to S&P 500

By Kiku Steinfeld

Chicago, April 28 – JPMorgan Chase Financial Co. LLC priced $802,000 of 0% capped buffered equity notes due June 26, 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 at maturity will be par plus 100% of the return of the index capped at par plus 36.4%. The payout will be par if the index declines but by no more than the 10% buffer. Investors will lose 1% for every 1% that the index declines beyond the buffer.

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 buffered equity notes
Underlying index:	S&P 500 index
Amount:	$802,000
Maturity:	June 26, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 100% of index return capped at par plus 36.4%; par if index declines but by no more than 10% buffer; 1% loss for every 1% that index declines beyond the buffer
Initial level:	3,878.44
Upside leverage:	100%
Cap:	36.4%
Buffer:	10%
Pricing date:	Dec. 23, 2022
Settlement date:	Dec. 29, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.55%
Cusip:	48133TGG4

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