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Published on 9/30/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1 million capped notes linked to Dow Jones, Nasdaq-100, Russell 2000

New York, Sept. 30 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% capped notes due Oct. 2, 2025 linked to the Dow Jones industrial average, Nasdaq-100 index and Russell 2000 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 27%. Investors will lose 1% for every 1% that the worst performing index declines subject to a minimum payout of 95% of par.

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 notes
Underlying indexes:Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index
Amount:$1,003,000
Maturity:Oct. 2, 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 27%; 1% loss for every 1% that worst performing index declines subject to a minimum payout of 95% of par
Initial levels:29,134.99 for Dow Jones industrial average, 11,271.75 for Nasdaq-100, 1,662.509 for Russell 2000
Upside leverage:200%
Cap:27%
Principal protection:95%
Pricing date:Sept. 27
Settlement date:Sept. 30
Agent:J.P. Morgan Securities LLC
Fees:3%
Cusip:48133M3Y4

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