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Published on 4/23/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $853,000 8.2% autocallable contingent interest notes on indexes

Chicago, April 23 – JPMorgan Chase Financial Co. LLC priced $853,000 of autocallable contingent interest notes due July 30, 2025 linked to the least performing of the Nasdaq-100 Technology Sector index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.2%, paid monthly, if each underlying index closes at or above its 80% interest barrier on the related monthly observation date.

The securities will be called automatically starting July 25, 2024 at par if the level of each underlying index is greater than or equal to its initial level and on any subsequent monthly review date.

At maturity the payout will be par unless the worst performing index declines by more than its 20% buffer in which case investors will be exposed to the decline of the worst performing index beyond the buffer.

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 indexes:Nasdaq-100 Technology Sector index, Russell 2000 index and S&P 500 index
Amount:$853,000
Maturity:July 30, 2025
Coupon:8.2% annual rate, paid monthly, if each underlying index closes at or above its 80% interest barrier on the related monthly observation date
Price:Par
Payout at maturity:Par unless the worst performing index declines by more than its buffer in which case investors will be exposed to the decline in the worst performing index beyond the buffer
Call:Automatically starting July 25, 2024 at par if the level of each underlying index is greater than or equal to its initial level and on any subsequent monthly review date
Initial levels:10,092.35 for tech index, 1,975.878 for Russell, 4,894.16 for S&P
Interest barrier levels:8,073.88 for tech index, 1,580.7024 for Russell, 3,915.328 for S&P; 80% of initial levels
Buffer levels:8,073.88 for tech index, 1,580.7024 for Russell, 3,915.328 for S&P; 80% of initial levels
Buffer:20%
Pricing date:Jan. 25
Settlement date:Jan. 30
Agent:J.P. Morgan Securities LLC
Fees:0.725%
Cusip:48134TD43

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