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Published on 7/12/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $8.19 million 8.65% yield notes linked to Nasdaq-100, Russell 2000

New York, July 12 – JPMorgan Chase Financial Co. LLC priced $8.19 million of yield notes due March 3, 2025 linked to the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.65%, paid monthly.

If the worst performing index finishes at or above 80% of initial level, the payout at maturity will be par plus the coupon.

Otherwise, investors will lose 1.25% for every 1% decline in the worst performing index beyond 20%.

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:Yield notes
Underlying indexes:Nasdaq-100 index and Russell 2000 index
Amount:$8,185,000
Maturity:March 3, 2025
Coupon:8.65%, paid monthly
Price:Par
Payout at maturity:If worst performing index finishes at or above 80% of initial level, par; otherwise, lose 1.25% for every 1% decline in the worst performing index beyond 20%
Initial levels:14,689.02 for Nasdaq-100, 1,823.260 for Russell 2000
Buffer:20%
Strike date:June 26
Pricing date:June 27
Settlement date:June 30
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133XP42

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