New Issue: JPMorgan prices $2.12 million digital contingent buffered notes linked to S&P

By Angela McDaniels

Tacoma, Wash., April 23 – JPMorgan Chase Financial Co. LLC priced $2.12 million of 0% digital contingent buffered notes due Aug. 19, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 75% of the initial index level, the payout at maturity will be par plus 8.5%. Otherwise, investors will lose 1% for every 1% that the index declines from its initial level.

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:	Digital contingent buffered notes
Underlying index:	S&P 500 index
Amount:	$2,115,000
Maturity:	Aug. 19, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to 75% of initial index level, par plus 8.5%; otherwise, 1% loss for every 1% that index declines from initial level
Initial level:	4,505.42
Contingent buffer level:	75% of initial level
Strike date:	July 14, 2023
Pricing date:	July 17, 2023
Settlement date:	July 20, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	0.87%
Cusip:	48133YJE5

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