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Published on 12/10/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $383,000 notes on Stoxx, EAFE fund

Chicago, Dec. 11 – JPMorgan Chase Financial Co. LLC priced $383,000 of 0% notes due Nov. 4, 2027 linked to the lesser performing of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying asset finishes above its initial, the payout at maturity will be par plus 1.55 times the gain of the worse performing asset.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index or fund, but will not lose more than 5%.

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:Notes
Underlying assets:iShares MSCI EAFE ETF and Euro Stoxx 50 index
Amount:$383,000
Maturity:Nov. 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If each asset gains, par plus 1.55 times return of worse performing asset; otherwise, 1% loss for each 1% decline of worse performing index or fund, with a minimum payout of $950 per $1,000 note
Initial levels:$59.31 for fund, 3,617.54 for Stoxx
Pricing date:Oct. 31, 2022
Settlement date:Nov. 3, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.86749%
Cusip:48133NRF7

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