New Issue: JPMorgan prices $450,000 notes linked to S&P, Dow, Nasdaq

By Kiku Steinfeld

Chicago, Aug. 2 – JPMorgan Chase Financial Co. LLC priced $450,000 of 0% notes due Feb. 25, 2028 linked to the performance of the S&P 500 index, the Dow Jones industrial average and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 102.5% of the return of the least performing index, subject to a minimum payout of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying indexes:	S&P 500 index, Dow Jones industrial average, Nasdaq-100 index
Amount:	$450,000
Maturity:	Feb. 25, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 102.5% of return of least performing index, subject to minimum payout of par
Initial levels:	3,991.05 for S&P, 33,045.09 for Dow, 12,066.27 for Nasdaq
Pricing date:	Feb. 22, 2023
Settlement date:	Feb. 27, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	1.125%
Cusip:	48133UH21

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