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Published on 4/21/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $970,000 7.15% yield notes linked to Dow Jones industrial, Nasdaq-100, Russell 2000

New York, April 21 – JPMorgan Chase Financial Co. LLC priced $970,000 of yield notes due June 2, 2023 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.

Investors will receive a coupon of 7.15%, paid quarterly.

If the worst performing index gains or ends above its 60% trigger the payout at maturity will be par plus the coupon. Investors will lose 1% for every 1% decline in the worst performing index if it finished below its trigger.

The notes are non-callable.

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 indexes:Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index
Amount:$970,000
Maturity:June 2, 2023
Coupon:7.15%, paid quarterly
Price:Par
Payout at maturity:If worst performing index finishes at or above its 60% trigger, par; otherwise 1% loss for every 1% that worst performing index declines
Initial levels:33,212.96 for Dow Jones industrial average, 12,681.42 for Nasdaq-100, 1,887.896 for Russell 2000
Triggers:19,927.776 for Dow Jones industrial average, 7,608.852 for Nasdaq-100, 1,132.7376 for Russell 2000, 60% of initial level
Call:Non-callable
Pricing date:May 27, 2022
Settlement date:June 2, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.65%
Cusip:48133GMQ3

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