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Published on 9/5/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.65 million digital barrier notes linked to Advanced Micro Devices

New York, Sept. 5 – JPMorgan Chase Financial Co. LLC priced $1.65 million of 0% digital barrier notes due March 5, 2025 linked to the common stock of Advanced Micro Devices, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock ends at or above its 65% barrier, the payout at maturity will be par plus 24.5%.

Otherwise, investors will lose 1% for every 1% that the stock declines from its initial level.

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:Digital barrier notes
Underlying stock:Advanced Micro Devices, Inc.
Amount:$1,654,000
Maturity:March 5, 2025
Coupon:0%
Price:Par
Payout at maturity:If stock finishes at or above its 65% barrier, par plus 24.5%; otherwise, 1% loss for every 1% that stock declines from initial level
Initial level:$105.92
Digital payment:24.5%
Barrier:$68.848, 65% of initial level
Pricing date:Aug. 29
Settlement date:Aug. 31
Agent:J.P. Morgan Securities LLC
Fees:2%
Cusip:48134AFP5

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