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Published on 6/22/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $16,000 return notes linked to J.P. Morgan Kronos+

By Kiku Steinfeld

Chicago, June 22 – JPMorgan Chase Financial Co. LLC priced $16,000 of 0% return notes due Feb. 5, 2026 linked to the J.P. Morgan Kronos+ index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $1,000 times the index return, all multiplied by 104%.

The level of the index reflects the deduction of a fee of 0.95% per year that accrues daily and, in some circumstances, a notional financing cost.

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:Return notes
Underlying index:J.P. Morgan Kronos+ index
Amount:$16,000
Maturity:Feb. 5, 2026
Coupon:0%
Price:Par
Payout at maturity:Par of $1,000 times one plus the index return, all multiplied by 104%
Initial level:178.23
Index adjustment factor:104%
Pricing date:Jan. 31, 2023
Settlement date:Feb. 3, 2023
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48133TKN4

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