New Issue: JPMorgan prices $924,000 capped return enhanced notes on two indexes

By Kiku Steinfeld

Chicago, June 21 – JPMorgan Chase Financial Co. LLC priced $924,000 of 0% capped return enhanced notes due Feb. 5, 2025 linked to the Russell 2000 Value index and S&P 500 Value 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 200% of the return of the worst performing index capped at par plus 68.25%. Investors will lose 1% for every 1% that the worst performing index declines.

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 return enhanced notes
Underlying indexes:	Russell 2000 Value index and S&P 500 Value index
Amount:	$924,000
Maturity:	Feb. 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 200% of worst performing index return capped at par plus 68.25%; 1% loss for every 1% that worst performing index declines
Initial levels:	2,282.378 for Russell, 1,533.066 for S&P
Upside leverage:	200%
Cap:	68.25%
Pricing date:	Jan. 31, 2023
Settlement date:	Feb. 3, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0%
Cusip:	48133TYJ8

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