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Published on 5/22/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $964,000 uncapped digital barrier notes linked to Euro Stoxx, MSCI EM

New York, May 22 – JPMorgan Chase Financial Co. LLC priced $964,000 of 0% uncapped digital barrier notes due June 4, 2027 linked to the Euro Stoxx 50 index and MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus the greater of the worst performing index return and 92%. The payout will be par if the worst performing index declines but finishes above its 70% barrier and 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:Euro Stoxx 50 index and MSCI Emerging Markets index
Amount:$964,000
Maturity:June 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus greater of worst performing index return and 92%; par if worst performing index declines but finishes above its barrier; 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:3,759.54 for Euro Stoxx 50, 1,067.86 for MSCI Emerging Markets
Digital payment:92%
Barriers:2,631.678 for Euro Stoxx 50, 747.502 for MSCI Emerging Markets, 70% of initial level
Pricing date:June 1, 2022
Settlement date:June 6, 2022
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48133GHF3

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