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Published on 2/22/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $6.22 million autocallable accelerated barrier notes on Nasdaq-100 Technology

New York, Feb. 22 – JPMorgan Chase Financial Co. LLC priced $6.22 million of 0% autocallable accelerated barrier notes due Feb. 20, 2026 linked to the Nasdaq-100 Technology Sector index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains the payout will be par plus 125% of the index return. Investors will receive par if the index declines but ends at or above its 65% barrier and they will lose 1% for every 1% that the index declines if it finishes below the barrier level.

The notes will be called automatically on Feb. 24, 2025 at a premium of 13% if the index closes above 100% of its initial value.

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:Autocallable accelerated barrier notes
Underlying index:Nasdaq-100 Technology Sector index
Amount:$6,218,000
Maturity:Feb. 20, 2026
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above its initial value, par plus 125% of index return; if index declines but finishes at or above its downside threshold level, par; 1% loss for every 1% that index declines if it finishes below its downside threshold level
Initial level:10,342.72
Upside leverage:125%
Downside threshold:6,722.768, 65% of initial level
Call:Automatically on Feb. 24, 2025 at a premium of 13% if the index closes above 100% of its initial value
Pricing date:Feb. 15
Settlement date:Feb. 21
Agent:J.P. Morgan Securities LLC
Fees:1.75%
Cusip:48134WDG9

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