By Kiku Steinfeld
Chicago, Nov. 2 – JPMorgan Chase Financial Co. LLC priced $203,000 of 3.25% notes due April 5, 2027 linked to the J.P. Morgan Large-Cap Dynamic Blend index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes pay interest of 3.25% per year for the first three years, payable each year.
The notes are guaranteed by JPMorgan Chase & Co.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 150% of the index return.
Otherwise, investors will receive par.
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
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| Amount: | $203,000
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| Maturity: | April 5, 2027
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| Coupon: | 3.25% per year, payable each year for three years
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| Price: | Par
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| Payout at maturity: | If final index level is greater than initial index level, par plus 150% of index return; otherwise, par
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| Initial level: | 232.50
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| Pricing date: | March 31, 2023
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| Settlement date: | April 5, 2023
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.75%
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| Cusip: | 48133UMF6
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