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Published on 7/11/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $975,000 return enhanced notes linked to Euro Stoxx 50

By William Gullotti

Buffalo, N.Y., July 11 – JPMorgan Chase Financial Co. LLC priced $975,000 of 0% return enhanced notes due July 1, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

At maturity, if the index gains, the payout will be par plus 1.73 times the return.

Investors will be fully exposed to any index decline.

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:Return enhanced notes
Underlying index:Euro Stoxx 50 index
Amount:$975,000
Maturity:July 1, 2025
Coupon:0%
Price:Par
Payout at maturity:If index finishes above initial level, par plus 1.73 times the return; otherwise, full exposure to decline
Initial level:4,280.57
Strike date:June 26
Pricing date:June 27
Settlement date:June 30
Agent:J.P. Morgan Securities LLC
Fees:1.5%
Cusip:48133XN36

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