New Issue: JPMorgan prices $577,000 0% buffered digital notes linked to Russell 2000, S&P 500

By Kiku Steinfeld

Chicago, July 19 – JPMorgan Chase Financial Co. LLC priced $577,000 of 0% buffered digital notes due Feb. 21, 2025 linked to the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or falls flat, the payout at maturity will be par plus 27.35%. If the worst performing index declines but by no more than its 10% buffer, the payout will be par. Otherwise, investors will lose 1% for every 1% the worst performing index declines beyond 10%.

The notes are non-callable.

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:	Buffered digital notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$577,000
Maturity:	Feb. 21, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains or falls flat, par plus 27.35%; if worst performing index declines but by no more than 10% buffer, par; otherwise, 1% loss for every 1% that worst performing index declines beyond 10%
Initial levels:	1,960.969 for Russell, 4,147.60 for S&P
Buffers:	10%
Call:	Non-callable
Pricing date:	Feb. 15, 2023
Settlement date:	Feb. 21, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.95%
Cusip:	48133UEJ7

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