New Issue: JPMorgan sells $10,000 dual directional notes on S&P Daily Risk Control 10% Excess Return

By Kiku Steinfeld

Chicago, May 8 – JPMorgan Chase Financial Co. LLC priced $10,000 of 0% dual directional notes due Jan. 3, 2028 linked to the performance of the S&P 500 Daily Risk Control 10% USD Excess Return index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 115% of the absolute index return.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Dual directional notes
Underlying index:	S&P 500 Daily Risk Control 10% USD Excess Return index
Amount:	$10,000
Maturity:	Jan. 3, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 115% of the absolute value of the index return
Initial level:	230.837
Pricing date:	Dec. 29, 2022
Settlement date:	Jan. 4, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	48133PF57

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