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Published on 1/14/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $480,000 uncapped accelerated barrier notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Jan. 14 – JPMorgan Chase Financial Co. LLC priced $480,000 of 0% uncapped accelerated barrier notes due Aug. 31, 2026 linked to the performance of the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes at or above its initial level, the payout at maturity will be par plus double the index return.

If the index falls but finishes at or above the 75% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to the index’s decline from its initial level.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Uncapped accelerated barrier notes
Underlying index:Euro Stoxx 50 index
Amount:$480,000
Maturity:Aug. 31, 2026
Coupon:0%
Price:Par
Payout at maturity:If the index finishes at or above its initial level, par plus 2.06 times the index return; if the index falls but finishes at or above the barrier level, par; otherwise, investors will be fully exposed to the decline from initial level
Initial index level:4,169.87
Barrier level:3,127.4025; 75% of initial levels
Pricing date:Aug. 26
Settlement date:Aug. 31
Agent:J.P. Morgan Securities LLC
Fees:2%
Cusip:48132UX40

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