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Published on 11/29/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $875,000 0% buffered digital notes linked to S&P 500

By Kiku Steinfeld

Chicago, Nov. 29 – JPMorgan Chase Financial Co. LLC priced $875,000 of 0% buffered digital notes due May 17, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains or declines but by no more than its 20% buffer the payout at maturity will be par plus 8%. Investors will lose 1% for every 1% the index declines beyond its buffer.

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 index:S&P 500 index
Amount:$875,000
Maturity:May 17, 2024
Coupon:0%
Price:Par
Payout at maturity:If index gains or declines but by no more than 20% buffer, par plus 8%; 1% loss for every 1% that index declines beyond the buffer
Initial level:4,137.64
Buffer:20%
Call:Non-callable
Pricing date:April 14, 2023
Settlement date:April 19, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.35%
Cusip:48133V2A7

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