New Issue: JPMorgan prices $292,000 uncapped accelerated barrier notes linked to Russell, S&P

By Kiku Steinfeld

Chicago, Sept. 11 – JPMorgan Chase Financial Co. LLC priced $292,000 of 0% uncapped accelerated barrier notes due March 2, 2028 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 the payout at maturity will be par plus 140% of the return of the worst performing index. The payout will be par if the worst performing index declines but finishes above its 70% barrier. Investors will lose 1% for every 1% that the worst performing index declines if it closes below its barrier.

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:	Uncapped accelerated barrier notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$292,000
Maturity:	March 2, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains par plus 140% of worst performing index return; par if worst performing index declines but finishes above its downside barrier; 1% loss for every 1% that worst performing index declines if it finishes below its downside barrier
Initial levels:	1,896.991 for Russell, 3,970.15 for S&P
Upside leverage:	140%
Cap:	None
Barriers:	1,327.8937 for Russell, 2,779.105 for S&P, 70% of initial level
Pricing date:	Feb. 28, 2023
Settlement date:	March 3, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.56635%
Cusip:	48133TL29

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