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Published on 9/28/2021 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.08 million digital barrier notes on indexes, ETF

Chicago, Sept. 28 – JPMorgan Chase Financial Co. LLC priced $1.08 million of 0% digital barrier notes due Aug. 26, 2021 linked to the least performing of the Russell 2000 index, the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each asset finishes above its 70% barrier level, investors will receive par plus the 2.4% contingent digital return.

Otherwise, investors will be fully exposed to the losses of the worst performer.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Digital barrier notes
Underlying assets:Russell 2000 index, Euro Stoxx 50 index and iShares MSCI EAFE ETF
Amount:$1,077,000
Maturity:Aug. 26, 2021
Coupon:0%
Price:Par
Payout at maturity:If all assets finish above barrier level, par plus 2.4% digital return; otherwise, full exposure to losses of worst performer
Initial levels:2,185.687 for Russell, 3,827.02 for Stoxx, $75.44 for MSCI EAFE
Barrier levels:1,529.9809 for Russell, 2,678.914 for Stoxx, $52.808 for MSCI EAFE; 70% of initial levels
Pricing date:March 23
Settlement date:March 26
Agent:J.P. Morgan Securities LLC
Fees:0.6%
Cusip:48132TJT4

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