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Published on 4/28/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2.51 million autocallable contingent interest notes on indexes, ETF

New York, April 28 – JPMorgan Chase Financial Co. LLC priced $2.51 million of autocallable contingent interest notes due Jan. 25, 2024 linked to the Nasdaq-100 index, the S&P 500 index and the iShares Russell 2000 Value ETF, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8%, paid monthly, if each underlier closes at or above its 60% coupon barrier on the related monthly observation date.

The securities will be called automatically starting July 20 if the level of each underlier is greater than or equal to its initial price and on any subsequent monthly review date.

At maturity the payout will be par unless each asset closes below its 52.45% trigger level in which case investors will be fully exposed to the decline of the worst performing asset.

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 assets:Nasdaq-100 index, S&P 500 index and iShares Russell 2000 Value ETF
Amount:$2.51 million
Maturity:Jan. 25, 2024
Coupon:8%, paid monthly, if each underlier closes at or above its 60% coupon barrier on the related monthly observation date
Price:Par
Payout at maturity:Par unless the worst performing asset closes below its trigger level in which case investors will be fully exposed to the decline in the worst performing underlying asset
Call:Automatically starting July 20 if the level of each underlier is greater than or equal to its initial price and on any subsequent monthly review date
Initial levels:13,998.53 for Nasdaq-100 index, 4,459.45 for S&P 500 index, $161.43 for iShares Russell 2000 Value ETF
Trigger levels:7,342.22899 for Nasdaq-100 index, 2,338.98153 for S&P 500 index, $84.67004 for iShares Russell 2000 Value ETF, 52.45% of initial level
Coupon barrier:8,399.118 for Nasdaq-100 index, 2,675.67 for S&P 500 index, $96.858 for iShares Russell 2000 Value ETF, 60% of the initial levels
Pricing date:April 20
Settlement date:April 25
Agent:J.P. Morgan Securities LLC
Fees:0.65%
Cusip:48133FB61

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