New Issue: JPMorgan prices $2.00 million digital contingent buffered notes linked to Meta

By Kiku Steinfeld

Chicago, April 15 – JPMorgan Chase Financial Co. LLC priced $2.00 million of 0% digital contingent buffered notes due July 29, 2024 linked to the common stock of Meta Platforms, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock gains or falls by no more than its 30% buffer the payout at maturity will be par plus 16.75%. The payout will be par less the decline in the stock 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 stock:	Meta Platforms, Inc.
Amount:	$1,995,000
Maturity:	July 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If stock gains or declines but by no more than 30% buffer, par plus 16.75%; full exposure to the decline of stock if it finishes below the contingent buffer
Initial level:	$309.34
Digital payment:	16.75%
Contingent buffer:	30%
Pricing date:	July 14, 2023
Settlement date:	July 19, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133YAR5

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