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Published on 9/29/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $750,000 5.66% autocallable contingent interest notes linked to S&P 500

By Kiku Steinfeld

Chicago, Sept. 29 – JPMorgan Chase Financial Co. LLC priced $750,000 of autocallable contingent interest notes due June 21, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 5.66%, paid quarterly, if the underlying index closes at or above its 65% trigger level on the related quarterly observation date, plus any previously unpaid coupons.

The securities will be called automatically on any quarterly review date if each index closes at or above its initial level.

At maturity the payout will be par unless the index closes below its 65% trigger level in which case investors will be fully exposed to the decline of the 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 index:S&P 500
Amount:$750,000
Maturity:June 21, 2024
Coupon:5.66%, paid quarterly, if the underlying index closes at or above its 65% trigger level on the related quarterly observation date, plus any previously unpaid coupons
Price:Par
Payout at maturity:Par unless the index closes below its trigger level in which case investors will be fully exposed to the decline in the index
Call:Automatically on any quarterly review date if each index closes at or above its initial level
Initial level:3,960.28
Trigger level:2,574.182, 65% of initial level
Pricing date:March 16, 2023
Settlement date:March 21, 2023
Agent:J.P. Morgan Securities LLC
Fees:1.25%
Cusip:48133VBU3

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