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Published on 9/14/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2.65 million uncapped digital barrier notes linked to Nasdaq, Stoxx

Chicago, Sept. 14 – JPMorgan Chase Financial Co. LLC priced $2.65 million of 0% uncapped digital barrier notes due Aug. 29, 2025 linked to the lesser performing of the Nasdaq-100 index and Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index ends above its initial level the payout at maturity will be par plus the greater of the worst performing index return and 44%. Investors will receive par if at least one index declines but both finish above their 70% barrier levels. Investors will lose 1% for every 1% that the worst performing index 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:Uncapped digital barrier notes
Underlying indexes:Nasdaq-100 index and Euro Stoxx 50 index
Amount:$2,654,000
Maturity:Aug. 29, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its initial level, par plus greater of worst performing index return and 44%; par if at least one index declines but both finish above barrier level; otherwise, 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:3,603.68 for Stoxx, 12,605.17 for Nasdaq
Digital payment:44%
Barriers:2,522.576 for Stoxx, 8,823.619 for Nasdaq, 70% of initial levels
Pricing date:Aug. 26
Settlement date:Aug. 31
Agent:J.P. Morgan Securities LLC
Fees:2.85%
Cusip:48133MEX4

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