New Issue: JPMorgan prices $560,000 capped notes linked to Russell 2000, S&P 500

By Kiku Steinfeld

Chicago, July 19 – JPMorgan Chase Financial Co. LLC priced $560,000 of 0% capped notes due March 20, 2024 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 150% of the return of the worst performing index capped at par plus 8.55%. Otherwise the payout will be par.

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:	Capped notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$560,000
Maturity:	March 20, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 150% of worst performing index return capped at par plus 8.55%; otherwise par
Initial levels:	1,960.969 for Russell, 4,147.60 for S&P
Upside leverage:	150%
Cap:	8.55%
Principal protection:	100%
Pricing date:	Feb. 15, 2023
Settlement date:	Feb. 21, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.65%
Cusip:	48133UE99

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