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Published on 4/8/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $300,000 buffered equity notes linked to Euro Stoxx

By Kiku Steinfeld

Chicago, April 8 – JPMorgan Chase Financial Co. LLC priced $300,000 of 0% buffered equity notes due Jan. 8, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain.

Investors will receive par if the index falls by up to 25% and will lose 1.33333% for each 1% drop of the index beyond 25% of the initial level.

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:Buffered equity notes
Underlying asset:Euro Stoxx 50 index
Amount:$300,000
Maturity:Jan. 8, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain; if index falls by up to 25%, par; 1.33333% loss for each 1% drop of the index beyond 25%
Initial level:4,398.15
Buffer level:25%
Pricing date:July 5, 2023
Settlement date:July 10, 2023
Agent:J.P. Morgan Securities LLC
Fees:1.25%
Cusip:48133YBP8

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