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Published on 8/9/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $7.92 million trigger jump securities linked to Euro Stoxx 50

New York, Aug. 9 – JPMorgan Chase Financial Co. LLC priced $7.92 million of 0% trigger jump securities due Aug. 5, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the index is positive, the payout at maturity will be par plus the greater of the index return and 27.3%.

Investors will receive par if the index declines but finishes at or above the trigger level and will lose 1% for every 1% that the index declines if it finishes below the trigger level.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management is the dealer

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Trigger jump securities
Underlying index:Euro Stoxx 50 index
Amount:$7,922,350
Maturity:Aug. 5, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus greater of index return and 27.3%; par if index declines but finishes at or above trigger level; otherwise, 1% loss for every 1% that index declines from initial level
Initial level:3,708.10
Upside payment:27.3%
Trigger:2,966.48, 80% of initial level
Pricing date:July 29
Settlement date:Aug. 3
Agent:J.P. Morgan Securities LLC
Dealer:Morgan Stanley Wealth Management
Fees:2.5% including a structuring fee of 0.5%
Cusip:48133E199

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