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Published on 4/24/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $340,000 5.4% yield notes linked to Dow, S&P 500 ETF

Chicago, April 24 – JPMorgan Chase Financial Co. LLC priced $340,000 of yield notes due Feb. 29, 2024 linked to the lesser performing of the Dow Jones industrial average and SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 5.4%, paid monthly.

If the worst performing asset gains or ends above its 20% buffer the payout at maturity will be par plus the coupon. Investors will lose 1% for each 1% decline in the worst performing asset beyond its buffer.

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 assets:Dow Jones industrial average and SPDR S&P 500 ETF Trust
Amount:$340,000
Maturity:Feb. 29, 2024
Coupon:5.4% annual rate, paid monthly
Price:Par
Payout at maturity:If worst performing asset finishes at or above its 20% buffer, par; otherwise, 1% loss for every 1% that worst performing asset declines beyond its buffer
Initial levels:31,928.62 for Dow, $393.89 for ETF
Buffer:20%
Call:Non-callable
Pricing date:May 24, 2022
Settlement date:May 27, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.65%
Cusip:48133GGH0

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