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Published on 8/20/2021 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $4.55 million uncapped contingent return notes tied to Stoxx

By Taylor Fox

New York, Aug. 20 – JPMorgan Chase Financial Co. LLC priced $4.55 million of uncapped contingent return notes due Feb. 10, 2026 linked to the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of the return of the index or 92%

Investors will lose 1% for each 1% decline from the initial level if the index finishes below the initial value.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Uncapped contingent return notes
Underlying index:Euro Stoxx Select Dividend 30 index
Amount:$4,550,000
Maturity:Feb. 10, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus greater of index return and contingent 92% minimum return if index finishes positive; otherwise, 1% loss for each 1% decline from initial level
Initial level:1,680.30
Pricing date:Feb. 5
Settlement date:Feb. 10
Agent:J.P. Morgan Securities LLC
Fees:3%
Cusip:48132RXP0

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