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Published on 9/21/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1 million yield notes on Meta, Amazon, Qualcomm

Chicago, Sept. 21 – JPMorgan Chase Financial Co. LLC, priced $1 million of 9.4% yield notes due Jan. 31, 2024 linked to the least performing of the stocks of Meta Platforms, Inc., Amazon.com, Inc. and Qualcomm Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless any stock finishes below its 55% trigger level, in which case investors will be exposed to the decline of the least-performing stock from its initial level.

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:Yield notes
Underlying stocks:Meta Platforms, Inc., Amazon.com, Inc. and Qualcomm Inc.
Amount:$1 million
Maturity:Jan. 31, 2024
Coupon:9.4%, paid monthly
Price:Par
Price:Par
Payout at maturity:Par unless any stock finishes below its trigger level, in which case investors will be exposed to the decline of the least-performing stock from its initial level
Initial levels:$294.63 for Meta, $2,777.45 for Amazon, $167 for Qualcomm
Trigger levels:$162.0465 for Meta, $1,527.5975 for Amazon, $91.85 for Qualcomm, or 55% of initial levels
Pricing date:Jan. 27
Settlement date:Feb. 1
Agent:J.P. Morgan Securities LLC
Fees:0.4%
Cusip:48133C2X9

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