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Published on 8/20/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.38 million uncapped accelerated barrier notes on indexes

Chicago, Aug. 22 – JPMorgan Chase Financial Co. LLC priced $1.38 million of 0% uncapped accelerated barrier notes due Dec. 28, 2026 linked to the S&P 500 index, Russell 2000 index and Dow Jones industrial average, 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 124% of the return of the worst performing index. The payout will be par if the worst performing index declines but finishes above its 70% barrier. Investors will lose 1% for every 1% that the worst performing index declines if it closes below its barrier.

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:Uncapped accelerated barrier notes
Underlying indexes:S&P 500 index, Russell 2000 index and Dow Jones industrial average
Amount:$1,379,000
Maturity:Dec. 28, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains par plus 124% of worst performing index return; par if worst performing index declines but finishes above its downside barrier; 1% loss for every 1% that worst performing index declines if it finishes below its downside barrier
Initial levels:35,753.89 for Dow, 2,221.903 for Russell, 4,696.56 for S&P
Upside leverage:124%
Cap:None
Barrier levels:25,027.723 for Dow, 1,555.3321 for Russell, 3,287.592 for S&P, 70% of initial levels
Pricing date:Dec. 22, 2021
Settlement date:Dec. 28, 2021
Agent:J.P. Morgan Securities LLC
Fees:3.96338%
Cusip:48132Y6H3

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