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Published on 4/19/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $755,000 digital contingent buffered notes linked to S&P

Chicago, April 19 – JPMorgan Chase Financial Co. LLC priced $755,000 of 0% digital contingent buffered notes due Feb. 5, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains or falls by no more than its 25% contingent buffer the payout at maturity will be par plus 6.8%. The payout will be par less the decline in the index if it finishes below the contingent buffer.

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 contingent buffered notes
Underlying index:S&P 500 index
Amount:$755,000
Maturity:Feb. 5, 2025
Coupon:0%
Price:Par
Payout at maturity:If index gains or declines but by no more than 25% contingent buffer, par plus 6.8%; full exposure to the decline of index if it finishes below the contingent buffer
Initial level:4,839.81
Barrier level:75% of initial level
Digital payment:6.8%
Pricing date:Jan. 19
Settlement date:Jan. 24
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48134TXN9

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