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Published on 9/20/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $194,000 digital barrier notes linked to energy fund

Chicago, Sept. 20 – JPMorgan Chase Financial Co. LLC priced $194,000 of 0% digital barrier notes due Dec. 5, 2023 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF ends above its 70% barrier the payout at maturity will be par plus 18%. Investors will lose 1% for every 1% that the ETF declines if it finishes below the 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:Digital barrier notes
Underlying ETF:Energy Select Sector SPDR Fund
Amount:$194,000
Maturity:Dec. 5, 2023
Coupon:0%
Price:Par
Payout at maturity:If ETF finishes at or above its 70% barrier, par plus 18%; 1% loss for every 1% that ETF declines if it finishes below its barrier
Initial level:$80.50
Barrier:$56.35, 70% of initial level
Digital payment:18%
Pricing date:Aug. 31, 2022
Settlement date:Sept. 6, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.44459%
Cusip:48133LR38

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