By Kiku Steinfeld
Chicago, March 28 – JPMorgan Chase Financial Co. LLC priced $392,000 of 3.15% notes due July 6, 2027 linked to the J.P. Morgan Large-Cap Dynamic Blend 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is 3.15% per year for the first three years of the term of the notes, payable annually. No interest will be paid for the final year of the term of the notes.
The payout at maturity will be par plus 150% of the index return, subject to a minimum payout of par.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Notes
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Underlying index: | J.P. Morgan Large-Cap Dynamic Blend 5 index
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Amount: | $392,000
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Maturity: | July 6, 2027
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Coupon: | 3.15% per year for the first three years of the term of the notes, payable annually; no interest will be paid for final year
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Price: | Par
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Payout at maturity: | Par plus 150% of index return, subject to minimum payout of par
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Initial level: | 235.93
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Pricing date: | June 30, 2023
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Settlement date: | July 6, 2023
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.75%
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Cusip: | 48133XEU6
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