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Published on 9/13/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $325,000 6.45% autocallable yield notes linked to S&P

Chicago, Sept. 13 – JPMorgan Chase Financial Co. LLC priced $325,000 of autocallable yield notes due Aug. 29, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 6.45%, paid monthly.

The securities will be called automatically starting Aug. 28, 2023 at par and on any subsequent monthly review date if the index closes above its initial level.

If the index gains or ends above its 60% downside threshold the payout at maturity will be par plus the coupon. Investors will lose 1% for every 1% that the index declines if it finishes below its downside threshold 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:Autocallable yield notes
Underlying index:S&P 500 index
Amount:$325,000
Maturity:Aug. 29, 2025
Coupon:6.45% annual rate, paid monthly
Price:Par
Payout at maturity:If index finishes at or above its downside threshold level, par; 1% loss for every 1% that index declines if it finishes below its downside threshold level
Call:Automatically starting Aug. 28, 2023 at par and on any subsequent monthly review date if index closes above initial level
Initial level:4,057.66
Downside threshold:2,434.596, 60% of initial level
Pricing date:Aug. 26, 2022
Settlement date:Aug. 31, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.5%
Cusip:48133MRP7

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