New Issue: JPMorgan prices $457,000 notes linked to Stoxx index, EAFE ETF

By Kiku Steinfeld

Chicago, March 20 – JPMorgan Chase Financial Co. LLC priced $457,000 of 0% notes due Dec. 3, 2027 linked to the performance of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final level of each underlier is greater than its initial level, the payout at maturity will be par plus 1.6 times the return of the laggard underlier.

Otherwise, investors will lose 1% for every 1% decline of the laggard underlier to a minimum return of 95% of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying assets:	Euro Stoxx 50 index, iShares MSCI EAFE ETF
Amount:	$457,000
Maturity:	Dec. 3, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier finishes above initial level, par plus 1.6 times return of least performing underlier; otherwise, lose 1% for each 1% decline of the laggard underlier to a minimum payout of 95% of par
Initial levels:	$67.12 for ETF, 3,964.72 for index
Pricing date:	Nov. 30, 2022
Settlement date:	Dec. 5, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.63922%
Cusip:	48133PLE1

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