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Published on 9/2/2021 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2.85 million uncapped return enhanced notes on ETF, index

By William Gullotti

Buffalo, N.Y., Sept. 2 – JPMorgan Chase Financial Co. LLC priced $2.85 million of 0% uncapped return enhanced notes due March 2, 2023 linked to the least performing of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

At maturity, if the least performing underlier finishes flat or gains, the payout at maturity will be par plus 1.951 times the return of the worst performer.

Investors will have full exposure to the decline of the least performing underlier if it finishes below its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Uncapped return enhanced notes
Underlying assets:iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:$2,848,000
Maturity:March 2, 2023
Coupon:0%
Price:Par
Payout at maturity:If least performing underlier finishes flat or gains, par plus the 1.951 times the least performing underlier return; full exposure to decline of the worst performer if it finishes below its initial level
Initial index levels:$79.97 for ETF, 4,169.87 for index
Pricing date:Aug. 26
Settlement date:Aug. 31
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:48132WFY0

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