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

New Issue: JPMorgan sells $1.42 million uncapped accelerated barrier notes on index, ETF

Chicago, Dec. 11 – JPMorgan Chase Financial Co. LLC priced $1.42 million of 0% uncapped accelerated barrier notes due Nov. 4, 2027 linked to the lesser performing of the Euro Stoxx 50 index and 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 227% of the return of the worst performing asset. The payout will be par if the worst performing asset declines but finishes above its 65% barrier. Investors will lose 1% for every 1% that the worst performing asset declines if it closes below its barrier.

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 accelerated barrier notes
Underlying assets:Euro Stoxx 50 index and iShares MSCI EAFE ETF
Amount:$1,415,000
Maturity:Nov. 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset gains par plus 227% of worst performing asset return; par if worst performing asset declines but finishes above its downside barrier; 1% loss for every 1% that worst performing asset declines if it finishes below its downside barrier
Initial levels:3,617.54 for Stoxx, $59.31 for EAFE ETF
Barrier levels:2,351.401 for Stoxx, $38.5515 for EAFE ETF, 65% of initial levels
Upside leverage:227%
Cap:None
Pricing date:Oct. 31, 2022
Settlement date:Nov. 3, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.65309%
Cusip:48133NPY8

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