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Published on 2/20/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $89,000 buffered return enhanced notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Feb. 20 – JPMorgan Chase Financial Co. LLC priced $89,000 of 0% capped buffered return enhanced notes due July 2, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum return of 33%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index may decline beyond 10%.

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:Capped buffered return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$89,000
Maturity:July 2, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any index gain, up to 33% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index may decline beyond 10%
Initial index level:4,305.26
Pricing date:June 27, 2023
Settlement date:June 30, 2023
Agent:J.P. Morgan Securities LLC
Fees:2.5%
Cusip:48133XHK5

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