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Published on 8/17/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.39 million uncapped buffered return enhanced notes on index, ETF

New York, Aug. 17 – JPMorgan Chase Financial Co. LLC priced $3.39 million of 0% uncapped buffered return enhanced notes due Aug. 14, 2025 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset gains, the payout at maturity will be par plus 191% of the return of that asset.

The payout will be par if the worst performing asset declines by no more than 5%. Otherwise, investors will lose 1% for every 1% that the worst performing asset declines beyond 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:Uncapped buffered return enhanced notes
Underlying assets:Euro Stoxx 50 index and iShares MSCI EAFE ETF
Amount:$3,385,000
Maturity:Aug. 14, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset gains, par plus 191% of that asset’s return; par if worst performing asset declines by no more than 5%; otherwise, 1% loss for every 1% that worst performing asset declines beyond 5%
Initial levels:4,384.04 for Euro Stoxx 50, $72.62 for iShares MSCI EAFE ETF
Upside leverage:191%
Buffer:5%
Pricing date:Aug. 10
Settlement date:Aug. 15
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133YRD8

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