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Published on 7/15/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.03 million digital barrier notes on Russell 2000, S&P 500

New York, July 15 – JPMorgan Chase Financial Co. LLC priced $3.03 million of 0% digital barrier notes due July 17, 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 ends above its 60% barrier the payout at maturity will be par plus 25%. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the 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:Digital barrier notes
Underlying indexes:Russell 2000 index and S&P 500 index
Amount:$3.03 million
Maturity:July 17, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 60% barrier, par plus 25%; 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:1,728.182 for Russell 2000, 3,818.80 for S&P 500
Digital payment:25%
Barriers:1,036.9092 for Russell 2000, 2,291.28 for S&P 500, 60% of initial level
Pricing date:July 12
Settlement date:July 15
Agent:J.P. Morgan Securities LLC
Fees:0.95%
Cusip:48133LLK6

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