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Published on 6/22/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $50,000 capped digital notes on S&P Dividend Aristocrats Daily Risk Control

By Kiku Steinfeld

Chicago, June 22 – JPMorgan Chase Financial Co. LLC priced $50,000 of 0% capped digital notes due Feb. 4, 2027 linked to the S&P 500 Dividend Aristocrats Daily Risk Control 8% Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes flat or gains, the payout at maturity will be par plus 31%.

Otherwise, investors will receive par.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped digital notes
Underlying index:S&P 500 Dividend Aristocrats Daily Risk Control 8% Excess Return
Amount:$50,000
Maturity:Feb. 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If index return is zero or positive, par plus 31%; otherwise, par
Initial level:2,500.359
Pricing date:Jan. 31, 2023
Settlement date:Feb. 3, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.5%
Cusip:48133TJK2

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