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Published on 1/9/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $656,000 7.6% autocallable contingent interest notes linked to Nasdaq Technology, Russell, S&P

New York, Jan. 9 – JPMorgan Chase Financial Co. LLC priced $656,000 of autocallable contingent interest notes due June 12, 2025 linked to the Nasdaq-100 Technology Sector index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 7.6%, paid monthly, if each underlying index closes at or above its 80% coupon barrier on the related monthly observation date.

The securities will be called automatically starting June 10, 2024 at par if the level of each underlying index is greater than or equal to its initial level and on any subsequent monthly review date.

At maturity the payout will be par unless the worst performing index closes below its 70% trigger level in which case investors will be fully exposed to the decline of the worst performing index.

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 contingent interest notes
Underlying indexes:Nasdaq-100 Technology Sector index, Russell 2000 index and S&P 500 index
Amount:$656,000
Maturity:June 12, 2025
Coupon:7.6%, paid monthly, if each underlying index closes at or above its 80% coupon barrier on the related monthly observation date
Price:Par
Payout at maturity:Par unless the worst performing index closes below its trigger level in which case investors will be fully exposed to the decline in the worst performing index
Call:Automatically starting June 10, 2024 at par if the level of each underlying index is greater than or equal to its initial level and on any subsequent monthly review date
Initial levels:8,887.07 for Nasdaq-100 Technology Sector, 1,880.817 for Russell 2000, 4,604.37 for S&P 500
Trigger levels:6,220.949 for Nasdaq-100 Technology Sector, 1,316.5719 for Russell 2000, 3,223.059 for S&P 500, 70% of initial level
Coupon barriers:7,109.656 for Nasdaq-100 Technology Sector, 1,504.6536 for Russell 2000, 3,683.496 for S&P 500, 80% of initial levels
Pricing date:Dec. 8
Settlement date:Dec. 13
Agent:J.P. Morgan Securities LLC
Fees:2.225%
Cusip:48134RG69

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